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

 


Desperate Cunliffe Tricky on Secondary Tax

Desperate Cunliffe Tricky on Secondary Tax

David Cunliffe is being tricky by suggesting that Labour has a new plan to do away with secondary tax, National Party Revenue spokesman Todd McClay says.

“What Labour has announced today is being dressed up to look like a tax cut, but in reality it isn't,” Mr McClay says.

“In fact, Labour has largely announced what National has already got well underway through Inland Revenue’s Business Transformation programme.”

One of the first tasks of Business Transformation is to address the PAYE system, including secondary tax and end-of-year square-ups.

“We are working on moving the system towards real-time taxation, which will largely eliminate issues around secondary tax, provisional tax and other frustrating areas of tax compliance,” Mr McClay says.

The PAYE component of Business Transformation is scheduled to be completed by late 2015.

“Mr Cunliffe’s suggestion of coming up with more tax codes in the meantime is just an attempt to be seen to be doing something. The simple reality is that trying to make any further changes with the old tax system would delay the programme that is doing away with the current secondary tax arrangements,” Mr McClay says.

“Adopting an already existing government programme and trying to claim it as your own new initiative is another example of Mr Cunliffe's trickiness. All this announcement demonstrates is how short he is of positive things to say in this election campaign.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bill English, Abroad

If David Cameron was the closest thing John Key had to a political mentor, their successors also share a whole lot in common. Theresa May and Bill English were both propelled into the top jobs as the result of unexpected resignations, and without much in the way of credible competition from their colleagues... More>>

ALSO:

Pike River: Labour Bill To Override Safety Act For Mine Entry

“Bill English has been hiding behind the legal excuse that any attempt to re-enter the mine to recover the bodies might place the mine’s owner, Solid Energy Limited, and its directors in breach of the Health and Safety at Work Act 2015." More>>

ALSO:

Gordon Campbell: On Populism And Labour 2017

For many people on the centre-left, populism is a dirty word, and a shorthand for the politics of bigotry. In this country, it has tended to be equated with the angry legions of New Zealand First. Who knew they were not just a reactionary spasm, but the wave of the future? More>>

Oxfam: 30% Of NZ Owns Less Wealth Than Our Two Richest Men

The research also reveals that the richest one per cent have 20 per cent of the wealth in New Zealand, while 90 per cent of the population owns less than half of the nation’s wealth. The research forms part of a global report released to coincide with this week’s annual meeting of political and business leaders at the World Economic Forum in Davos, Switzerland. More>>

ALSO:

Hospitals: Resident Doctors Set To Strike Again

Despite discussions between the DHBs and NZRDA over safer hours for resident doctors progressing during the last week, the strike planned for next week appears set to proceed. More>>

ALSO:

Not So Super Fund: More Burning Ethical Questions For Steven Joyce

Greens: Radio New Zealand reported this morning that the New Zealand Superfund has $77 million invested in 47 coal companies that the Norwegian Government’s Pension Fund – the largest sovereign fund in the world – has blacklisted. More>>

Activism: Greenpeace Intercepts World’s Biggest Seismic Oil Ship

Greenpeace crew have made contact with the world’s biggest seismic oil ship after travelling 50 nautical miles on two rigid-hulled inflatables off the coast of Wairarapa... Greenpeace radioed the master of the Amazon Warrior to deliver an open letter of protest signed by over 60,000 New Zealanders. More>>

ALSO:

Gordon Campbell: Why Tax Cuts In 2017 Would Be A (Proven) Bad Idea

Ever since the world fell prey to the mullahs of the free market in the 1980s, no amount of real world evidence has managed dispel one key tenet of their economic faith. Namely, the idea that if you cut income taxes and taxes on small business, a wave of individual enterprise and entrepreneurial energy will thus be unleashed, profits will rise and – hey bingo! – the tax cuts will soon be paying for themselves ... More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news