>The IRD is set to increase its efforts to boost the repayment of student loans held by borrowers now living overseas, and to encourage more people to make voluntary repayments. Recent research released by the Inland Revenue Department shows that as at the start of the year, the cumulative balance of all student loans held [...]

>The IRD is set to increase its efforts to boost the repayment of student loans held by borrowers now living overseas, and to encourage more people to make voluntary repayments. Recent research released by the Inland Revenue Department shows that as at the start of the year, the cumulative balance of all student loans held by borrowers who are now overseas is at NZD 2.5 billion, with nearly NZD 312 million of further payments currently in arrears. According to the the Department, efforts ... Read More

New Zealand will not see cuts to personal income taxes, corporate income taxes or GST in the near future, according to the secretary of the New Zealand Treasury. While delivering a speech at a conference of the International Fiscal Association in Queenstown on March 17th, the secretary of the Treasury of New Zealand Gabriel Makhlouf [...]

New Zealand will not see cuts to personal income taxes, corporate income taxes or GST in the near future, according to the secretary of the New Zealand Treasury. While delivering a speech at a conference of the International Fiscal Association in Queenstown on March 17th, the secretary of the Treasury of New Zealand Gabriel Makhlouf described the current state of the national tax system and also discussed potential changes which could be implemented in the future. The Secretary suggested that, ideally, New Zealand should ... Read More

New Zealand will strive to to ensure that the national tax system stays modern and efficient while providing adequate streams of revenues for the government. While giving a speech at a conference of the Tax Agent’s Institute of New Zealand in Waitangi on March 9th, the Revenue Minister Peter Dunne summarized the government’s intentions for [...]

New Zealand will strive to to ensure that the national tax system stays modern and efficient while providing adequate streams of revenues for the government. While giving a speech at a conference of the Tax Agent’s Institute of New Zealand in Waitangi on March 9th, the Revenue Minister Peter Dunne summarized the government’s intentions for the national tax system and describe the actions that will be taken to improve the country’s economic performance over the next year. According to the Minister, later in ... Read More

Tax collections in New Zealand have continue to be below the government’s own forecasts, with the total amount of revenues dropping by nearly a billion below expectations. The government’s latest financial statements, released by the Treasury on March 6th, now show that the collection of every tax in New Zealand was below forecast during the [...]

Tax collections in New Zealand have continue to be below the government’s own forecasts, with the total amount of revenues dropping by nearly a billion below expectations. The government’s latest financial statements, released by the Treasury on March 6th, now show that the collection of every tax in New Zealand was below forecast during the seven month period ending January 31st 2012. During the seven month period the Crown’s tax revenues were approximately 2.9 percent below forecast, reaching almost NZD 31.4 billion. Taking ... Read More