Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Tax laws a dog's breakfast

Annabel Young

Opposition Revenue Spokesperson

30 March 2000

Tax laws a dog's breakfast

Today's announcement of even more tax avoidance law creates huge uncertainties for taxpayers and the retrospective nature of it is appalling, Opposition Revenue Spokesperson Annabel Young said.

"The Government's tax increases are a dog's breakfast.

"The Government has just injected huge uncertainty into people's lives. The law change announced today will come into force in two days time - but it won't even be passed until September.

"Making certain you pay the right amount of tax and on time is a complicated and stressful enough process as it is. The Government has just made it worse because we won't know until September what the rules are.

"It's one of the worst cases of retrospective legislation I have seen.

"The law change itself will also created huge uncertainty. It overrides companies, trusts and partnerships and treats them like they don't exist.

"The Government has just given the IRD a huge tool to attack taxpayers. The IRD will be able to ignore the legitimate and legal nature of normal entities and override the tax effects of these legal relationships. The non-tax consequences and liabilities will carry on.

"People have a right to structure their affairs according to the laws of the country - the Government is legislating to ignore that.

"The whole process is bad. It's law making by press release. The two page announcement about complicated tax law changes two days before it will apply is an affront to taxpayers and advisors working for taxpayers.

"As the Government keeps trying to fix up its bungled legislation to increase taxes it continues to make it worse for taxpayers."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Politics Of Scaring Voters Back Into Line

Fear has always been a useful mobilising tool in politics… yet in 2017, bogeymen of all shapes and sizes seem to have fallen on hard times. For years, the National party had painted itself as being the only reliable defensive bastion against the terrifying prospect of a centre-left government…

In fact, the polls suggest that the public seems to quite like the new government, its Prime Minister, and its proposed plan of action. Somehow, even though a Labour/Greens/NZ First government is in power, the sun is still rising and setting, on time. More>>


Gordon Campbell: On Drinking Water As A Failure Of Political Leadership

It is almost possible to feel sorry for the Health Ministry in their terrible, no good, very bad week... More>>


Gordon Campbell: On Saying ‘Work For The Dole,’ Nicely

As New Zealand First learned the hard way from its two previous periods in government, small parties in MMP coalitions get blamed for the unpopular stuff done by their senior partner in power, but no one remembers the good stuff the junior player brought to the table... More>>


Seismic Blasting: Greenpeace Launches Legal Challenge Against Amazon Warrior

A legal challenge against the world’s largest seismic oil exploration ship was launched at a public rally on Parliament Lawn. More>>


Tertiary: 80,000 People Eligible For Fees Free

The Government has today made good on its 100-day promise of delivering the first year of fees-free post school training and education and industry training from 1 January next year, says Education Minister Chris Hipkins. More>>


PM's Presser: Rebuilding Cathedrals, Felling Trees

Prime Minister Jacinda Ardern attended the press conference today with Minister for Greater Christchurch Regeneration Dr Megan Woods to announce urgent legislation this week for the rebuilding of the Christ Church Cathedral. More>>





Featured InfoPages