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

 


ACT Urges Re-think Of Disaster Relief Bill

ACT Urges Re-think Of Disaster Relief Bill

Tuesday 16 Mar 2004 Gerry Eckhoff Press Releases -- Taxation

ACT New Zealand Rural Affairs Spokesman Gerry Eckhoff today urged the Government to fully address the tax implications of disaster relief, following its decision to fast track legislation to assist farmers struggling to meet their tax payments.

"While ACT supports the urgency given to the passing of the Taxation Disaster Relief Bill - due before the House this week - it clearly doesn't go far enough," Mr Eckhoff said.

"The tax implications for cash and feed donations are not spelt out. Nor are matters like the immediate write-off of items - such as culvert machinery and sheds - which were lost in last month's devastating floods.

"Further, anomalies occur, such as the ability to depreciate damage repairs over a 20-year period, while items lost during floods or natural events don't qualify under existing tax law.

"While these issues aren't as pressing as the current Bill, they must be addressed. I urge the Government to draft a new Bill to ensure the full effects of flood, fire and drought, are covered as soon as possible," Mr Eckhoff said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news