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

 


Tax Management NZ Appoints Sir Ralph Norris to Advisory Brd

Media Release
28 February 2013

Tax Management New Zealand Appoints Sir Ralph Norris to Advisory Board

Dynamic, respected business leader Sir Ralph Norris has been appointed to the Advisory Board for Tax Management New Zealand.

He joins Barrister David McLay, and CEO and managing partner of Ernst & Young Oceania, Rob McLeod - both of whom have been providing strategic advice to Tax Management New Zealand as advisory board members for over 10 years.

Sir Ralph has previously held CEO roles at ASB, Air New Zealand, and The Commonwealth Bank of Australia. Of Tax Management New Zealand, Sir Ralph says: “This company is a brilliant example of New Zealand’s ability to apply innovation. Since its establishment, it has taken a unique New Zealand tax problem for many companies and turned it into an opportunity.

“Tax Management New Zealand was the first company to take up the opportunity promoted by Inland Revenue, and it developed the framework to help solve the challenges that businesses face in estimating their provisional tax. This has created a win-win solution for businesses and the IRD.”

Rob McLeod heads Ernst & Young’s Oceania practice, encompassing Australia, New Zealand and Fiji. A tax specialist, he has previously been appointed by Government to roles including; as a member of the Capital Markets Task Force; chairing the 2001 Government Tax review; as a member of the Maori Economic Development Ministerial Taskforce, and the National Infrastructure Advisory Board. He has held multiple directorships including on some of New Zealand’s largest listed companies.

David McLay was a member of the Government’s former GST advisory panel, and he is an internationally regarded New Zealand tax expert with 30 years’ experience. David has had considerable experience advising Government on taxation issues including as chair of the Rewrite Advisory Panel, with a role in Income Tax Act developments and remedial tax issues.

Tax Management New Zealand Ltd was established in 2003 by Ian Kuperus, to help New Zealand companies manage provisional tax payments. It developed the framework to implement the concept of ‘tax pooling’. With itself as an intermediary, Tax Management New Zealand facilitates the trading of tax that is over or underpaid. Using IRD approved mechanisms, it then ensures provisional tax is paid for underpayers on time and in full, and charges lower interest for doing so than typical IRD rates.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Budget Policy Statement: Spending Wins Over Tax Cuts; Big Ticket Items Get Boost

Income tax cuts are on hold as the government says “responding to the earthquakes and reducing debt are currently of higher priority”, although election year tax sweeteners remain possible. More>>

ALSO:

Fishy: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news