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


Letter Problem Licked

2 December 2003

Letter Problem Licked

News that farmers and other businesses can again free post their payments of GST, PAYE and fringe benefit tax is welcome news, said Charlie Pedersen, Vice-President of Federated Farmers of New Zealand (Inc).

"The Federation has long campaigned to the Inland Revenue Department (IRD) for a return to free posting payments," Mr Pedersen said.

"To its credit, IRD has finally stamped out a practice that added insult to injury when paying tax. It has correctly taken a lead from power and phone companies which as a matter of routine offer free posting of cheques," he said.

Farmers send at least 18 returns a year to IRD and were disappointed when free posting ended in 1998 after only three years. IRD's motivation in 1998 was to save $1.8 million of costs by shunting them on to business taxpayers.

"The reversal of this policy of not supplying reply-paid envelopes is likely to improve farmers' perceptions of IRD well beyond the cash value involved," Mr Pedersen said.

"Business has long been an unpaid tax collector, and while free posting is a small victory in the battle against the many compliance costs farmers face we are pleased our efforts have finally been acknowledged.

"The saving should be kept in perspective against the bevy of new taxes, levies, and other charges introduced by this Government. For example, the Federation is vigorously opposing a recent plan to tax traders $20 million to pay for heightened security at U.S. borders," Mr Pedersen said.


© Scoop Media

Business Headlines | Sci-Tech Headlines


ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>


  • Bill Bennett on Tech