Monthly Archives October 2014

IRD Forms New ICT Group

October 29, 2014 New Zealand Taxation

ICT in New ZealandThe IRD has formed a new specialist group to provide expertise on how technology can be used to pay taxes in the future.

On October 22nd the IRD issued a statement announcing that seven people have now been appointed to the Information and Communications Technology (ICT) Reference Group, which is aimed at helping the IRD make better use of information technology in the national tax system.

According to the Chief Technology Officer at Inland Revenue Myles Ward, the individuals selected to serve on the group will provide a wealth of knowledge and experience regarding the ICT sector in New Zealand, and will provide insight to “…ensure technology is used effectively to help simplify the process of paying tax and receiving entitlements.”

He added that the “…Inland Revenue is confident t...

Read More

New Zealand Ranked 10th for Elderly Well-Being

October 7, 2014 New Zealand Finance

Retiree in New ZealandNew Zealand has ranked among the best countries in the world for people over the age of 65, especially in regards to healthcare and economic capability.

Earlier this week the independent think-tank Help Age International released the results of new research measuring the “well-being of older people” in different countries across the world, ranking New Zealand as the 10th best country based on “how well their older populations are faring”.

New Zealand ranked only 30th in the world for its “enabling environment”, as the perception of safety in the country among older people is only at 58 percent, while satisfaction with the public transport system was only 48 percent.

In regards to income security the country only reached the 27th position on the index, and it was noted that while ...

Read More

Tax Could Help Environment

October 1, 2014 New Zealand Taxation

Climate change is having a significant impact on New Zealand, and, so far, not enough economic and tax measures are being taken to reverse these effects.

On September 30th the Green Party issued a new statement showing that climate change was a significant factor in the drought which hit New Zealand in 2013, and suggesting that taxes may be used to help alleviate such problems in the future.

The Green party’s statement is based on the results contained in a new study carried out by researchers from Vitoria University and the National Institute of Water and Atmospheric Research, showing that the “…results show the monthly pressure anomalies associated with the 2013 drought were higher as a result of anthropogenic (man-made) climate change,” and it was also noted the as a result of the dro...

Read More