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


Local Government Forum should do Tax Law 101

Thursday 22 July, 2004

Local Government Forum should do Tax Law 101

The Local Government Forum is factually wrong to suggest that removing GST on rates would raise costs for everyone, United Future revenue spokesman Gordon Copeland said today.

"If my Bill removing GST on rates becomes law then businesses will, of course, have nothing to claim back because they won't have paid it in the first place! The removal of GST on rates will be completely neutral for rate-paying businesses. Their costs will be exactly as they are now.

"It is unbelievable that a body such as the forum has such a woefully inadequate understanding of GST. It is simply out of touch.

"Anyone who has completed a GST return for a business knows that you only claim GST back if you have paid it in the first place. It is as simple as that.

"Let's be clear. The removal of GST on rates will not alter the net revenue of councils or the net revenue of businesses. It will, however, mean that the 12.5% GST impost will no longer be added to the bills of 1.7 million ratepayers," Mr Copeland said.

"Frankly, I am also staggered that the forum, which has consistently called for lower taxes, should find fault with a proposal which will leave at least $160 million in the pockets of New Zealanders."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Principals' Federation:
End Of National Standards

Today the Minister of Education announced that the Government has stopped the controversial National Standards system of assessment and declared them an arbitrary measure which did not raise children's achievement as the previous Government intended.

"This is such a win for all the principals who never believed in national standards and who, for the past decade, have argued for what is morally right for our nation's young people and their learning," said Cormick. More>>


Public Good: People’s Report On Public Broadcasting And Media Presented

The People’s Commission on Public Broadcasting and Media, was crowdfunded and was informed by an extensive consultation, seeking the views of both those working in Media as well as gathering input both online and in person from ordinary Citizens. More>>


RBNZ To RNZB: PM's Press Conference

Prime Minister Jacinda Adern was joined by Minister of Finance Grant Robertson and Minister for Children Tracey Martin to announce the appointment of Adrian Orr as the new Governor of the Reserve Bank and the name change of the Ministry for Vulnerable Children to ‘Oranga Tamariki - Ministry for Children’. More>>


'Taming Globalised Capital': Why Is Labour Supporting Investment Rules In WTO?

‘Today, we learned the new government has added New Zealand’s name to a proposal designed to lead to foreign investment rules in the WTO at this week’s ministerial meeting in Argentina,’ said Auckland University Professor Jane Kelsey. More>>


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… 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>>





Featured InfoPages