Parliament

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

 

Job done for Rewrite Advisory Panel

Job done for Rewrite Advisory Panel

Revenue Minister Todd McClay has announced that the Rewrite Advisory Panel is likely to have completed its work and will therefore be disestablished by the end of 2014.

Mr McClay says the Panel has achieved what it set out to do and would complete its work after considering final submissions.

“Over the years the Rewrite Advisory Panel has done a fantastic job to ensure our tax legislation remains consistent with the intention of drafting tax law that is clear enough for taxpayers to understand it,” Mr McClay says.

The Rewrite Advisory Panel comprises representatives from the New Zealand Institute of Chartered Accountants, the New Zealand Law Society, Inland Revenue, and an independent Chair.

The Panel was initially set up in 1995 to help with the progressive rewrite of New Zealand’s income tax law in plain-English. In 2004 the Panel’s role was extended to help deal with any unintended legislative consequences arising from the rewrite process.

“So far the Panel has completed 176 public submissions on unintended legislative changes, with approximately 80 per cent being recommended for legislative correction. A further 500 minor amendments have also been agreed to.”
“People who want their suggestions about unintended legislative changes to be considered by the Panel should submit them by 31 July 2014.”

Later submissions will be administered by Inland Revenue as part of its normal remedial tax work programme.

“I am grateful for the work of the Panel members, their current Chair, David McLay, and past Chairs Colin Blair and Sir Ivor Richardson, for providing an effective vehicle to deal with the remedial issues that have arisen as a result of the rewrite of tax law.

“Inland Revenue will be continuing its consultations with the New Zealand Institute of Chartered Accountants and the New Zealand Law Society on the best way to proceed with future submissions,” Mr McClay says.

Further information on the Rewrite Advisory Panel and its work can be found at www.rewriteadvisory.govt.nz.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The EU’s Beef With Google

There’s every indication that Google would be on a losing wicket if it chooses to fight the European Union competition watchdogs, who have just levied a $3.3 billion fine on the firm – with the prospect of worse to come if Google doesn’t quickly change the anti-competitive practices at the heart of a court battle that’s been seven years in the making.

Essentially, the case involved Google’s alleged abuse of the stranglehold it enjoys on the online advertising associated with its search activities. More>>

 

Legislation: Point England Housing Bill Passed

The passage of the Point England Development Enabling Bill through Parliament this evening will benefit Auckland with additional housing, help resolve Ngāti Paoa’s Treaty claim and improve the local environment and recreation facilities, Building and Construction Minister Dr Nick Smith says. More>>

ALSO:

Cyberducation: Digital Curriculum Launch And Funding Package

Consultation on new digital technologies content for the New Zealand Curriculum and Te Marautanga o Aotearoa, the Māori-medium Curriculum, was launched today by Education Minister Nikki Kaye. More>>

ALSO:

PM's Press Conference: Red Socks And Secret Tapes

Prime Minister Bill English began his post-cabinet press conference by explaining how well the National Party's annual conference went. He also mentioned today's announcement of changes to the EQC disaster insurance legislation and wished Emirates Team New Zealand well in the America's Cup. More>>

Max Rashbrooke: On How To Make Government More Open

International surveys, while often complimentary, have also pinpointed major weaknesses: political donations are badly regulated, for instance, and appointments to government boards frequently go to those with strong political connections. More>>

In Court: Hamilton Student's Lawsuit Over Climate Change Policy

A law student from Hamilton is preparing to challenge the Government in the High Court on Monday over what she says is a “failure” to properly address climate change. More>>

ALSO:

Gordon Campbell: On The Fallout From The Barclay Tape

This is hardly a case of cleaning out your desk and being turfed out onto the pavement. As others have pointed out, the disgraced Clutha-Southland MP will remain on the public payroll for three months until the election, and for three months afterwards. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election
 
 
 
  • PublicAddress
  • Pundit
  • Kiwiblog