Monthly Archives August 2013

Tax Hike for New Zealand’s Wealthy

August 27, 2013 New Zealand Taxation

David CunliffeThe Labour party could soon make a heavy push to hike taxes for the wealthy, if David Cunliffe comes to power.

On August 27th David Cunliffe, one of the candidates for the leadership position of the Labour Party, indicated that he would seek to raise taxes for the wealthy if he elected as the party leader.

David Cunliffe’s statement came as a response to a journalist questioning of whether he would seek to raise the taxes, to which he replied “… you bet,” although he refused to disclose the exact size and nature of the potential tax.

However, he did indicate that he has previously been an advocate of introducing a capital gains tax, and he would push a similar measure in the future.

He added that the current tax policies of the Labour Party call for a more progressive income tax syste...

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Fraudsters Stick To Fax Scams

August 5, 2013 New Zealand Taxation

Paper Direction Icons-4
Some businesses have recently received faxes containing a fraudulent form designed to convince taxpayers to willingly provide confidential data to fraudsters.

The IRD has issued a warning to taxpayers to be wary of recent fraudulent faxes that have been sent to a number of taxpayers.

According to the manager of Customer Services at the IRD Eleanor Young , faxes bearing the IRD logo have been sen to several businesses, with a request for an asset disclosure and the completion of a form requiring sensitive taxpayer data.

The faxes are addressed from an individual named Marcauley Saunders, who, according to the IRD, does not work for the department.

Explaining the potential effects of falling the fraud, Eleanor Young said that “Any information that is given to these fraudsters can result in ...

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