Parliament

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

 

Tax conference to address simplification

Hon Todd McClay
Minister of Revenue

17 April 2014

Tax conference to address simplification

Revenue Minister Todd McClay has announced that simplification and modernisation will be the focus of the tax conference to be held in conjunction with Victoria University, on 12 and 13 June.

“The conference, New Zealand’s Tax Administration for the 21st Century, will focus on the simplification of tax administration including PAYE, reducing compliance costs, and will also address issues relating to penalties, debt and enforcement,” says Mr McClay.

“Already we are doing a lot in these areas, for example – myIR and Voice ID make things faster and easier for Inland Revenue’s customers to check personal tax details and file GST returns. Financial reporting changes and the repeal of gift duty help reduce customer’s compliance costs, and we have invested nearly $200 million extra since 2010 on recovering debt and outstanding returns.”

“Around $7.4 billion of debt and outstanding returns were collected in the last two years alone.”

“Business Transformation is an opportunity to modernise and simplify tax administration in New Zealand.”

“It is a chance to review all of Inland Revenue’s processes and policy settings to ensure they are consistent with the objective of making tax compliance simpler and faster for Kiwis.”

“Improvement of tax administration is part of the Government’s Better Public Service agenda. It is critical that Inland Revenue collects and distributes tax in the most cost-effective and efficient manner to meet both the Government’s objectives and our customer’s needs.”

“The conference will bring together academics, business leaders, tax advisors and Government officials to discuss a range of tax administration issues.”

“We are embarking on a once in a generation opportunity to lay the framework for the future administration of the tax system, so we should aim high,” says Mr McClay.

Details of the conference can be found at http://nzpublicfinance.com/tax-administration-conference/.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election