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


Dunne celebrates UF achievements

Media statement
Embargoed to 0001 hrs,
Tuesday April 1, 2008

Dunne celebrates UF achievements

UnitedFuture leader Peter Dunne is celebrating the party’s achievements that take effect today, gained through its confidence and supply agreement with the Labour-led Government.

“We have long campaigned for lower taxes and today we see the company tax come down to 30%, a major part of the Business Tax Review initiated in this term of government.

“That Review also gives a major boost to business and New Zealand’s international competitiveness through the tax credits for research and development, a system that takes effect today.

“But it doesn't end there. UnitedFuture believes the fundamental tax regime should be on a 30:30:30 basis, namely 30% company tax, 30% tax on trusts and 30% top personal tax rate.

“The move to a 30% tax rate for businesses and certain savings schemes takes us half way towards that goal and the May Budget will outline a programme of personal tax reductions in the coming years that will see us move even closer to that goal.”

Mr Dunne also highlights the UnitedFuture-led changes to the tax rules on charitable donations, taking effect today.

“By lifting the cap on tax rebates for charities, we expect to see a major boost to the country’s charitable and philanthropic sector.

“Later this month, we’ll be releasing an official discussion document on payroll-giving for charities, which will open up further channels for New Zealanders to support their favourite causes.”

Mr Dunne emphasised these multi-billion dollar changes to the tax regime have come about because of the considerable position of influence an MMP party like UnitedFuture has been able to achieve by negotiating confidence and supply agreements with the major parties in Government.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need.

Spot the difference with New Zealand, where DHBs are under intense pressure to reduce deficits within a climate of chronic underfunding. More>>


Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>


Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>


Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>


Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>


Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>


Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>





Featured InfoPages

Opening the Election