Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Removal Of Rebate Deadline - Taxpayers To Benefit

29 July 2001

Taxpayers To Benefit From Removal Of Rebate Deadline

The Institute of Chartered Accountants has welcomed the Government’s decision to remove the six-month deadline for claiming donation and housekeeper rebates.

“Taxpayers will definitely be the winners as a result of this decision,” the Institute’s Tax Director, Jeff Owens, said today.

“We estimate that $14 million of claims would have been disallowed this year alone, if this change were not made.”

Mr Owens said that in the Institute’s view, the reasons for introducing the 30 September deadline last year were never adequately explained.

“We have submitted several times that the time limit should be removed for all taxpayers, and the Government is to be congratulated for being prepared to revisit the issue.”


ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>