The Tax Working Group has released its final report on New Zealand’s taxation system, recommending numerous changes to a system it labels as incoherent, along with lacking on integrity and fairness. After month of waiting, the New Zealand Government and people can see the results of the Tax Working Group’s analysis of the country’s taxation [...]

The Tax Working Group has released its final report on New Zealand’s taxation system, recommending numerous changes to a system it labels as incoherent, along with lacking on integrity and fairness. After month of waiting, the New Zealand Government and people can see the results of the Tax Working Group’s analysis of the country’s taxation landscape. The results are less than flattering and thirteen primary changes have been proposed to adress the situation. According to the Tax Working Group’s report New Zealand‘s tax system ... Read More

On December 16th, the Capital Market Development Taskforce (CMDT) released their final report to the New Zealand Government. The Taskforce’s paper consists of six groups of recommendations for New Zealand’s capital markets. According to the report, if implemented, the ideas will improve the contribution of capital markets to the country’s economic growth and bring significant [...]

On December 16th, the Capital Market Development Taskforce (CMDT) released their final report to the New Zealand Government. The Taskforce's paper consists of six groups of recommendations for New Zealand's capital markets. According to the report, if implemented, the ideas will improve the contribution of capital markets to the country's economic growth and bring significant fiscal benefits to New Zealanders. The CMDT has proposed that regulations be established to improve financial advisory services and information available to investors, along with improving investment ... Read More

Labour Party Leader Phil Goff has made a myriad of promises to New Zealand in regards to his party’s future taxation ideas. On the 12th of September at a Labour Party conference in Rotorua, Phill Goff, Labour Party leader vowed that if Labour were to be re-elected there would be no rise in personal taxation, [...]

Labour Party Leader Phil Goff has made a myriad of promises to New Zealand in regards to his party’s future taxation ideas. On the 12th of September at a Labour Party conference in Rotorua, Phill Goff, Labour Party leader vowed that if Labour were to be re-elected there would be no rise in personal taxation, GST or introduction of Capital Gains tax. The concession on the capital gains tax remains that it applies exclusively to first homes and not investment and rental properties. It ... Read More

John Key has voiced his feelings opposing the idea of introducing Capital Gains Tax in New Zealand. In a speech given on the 14th of September it was made adamantly clear by the comments of John Key, New Zealand Prime Minister, that he does not support the idea of introducing Capital Gains Tax into the [...]

John Key has voiced his feelings opposing the idea of introducing Capital Gains Tax in New Zealand. In a speech given on the 14th of September it was made adamantly clear by the comments of John Key, New Zealand Prime Minister, that he does not support the idea of introducing Capital Gains Tax into the New Zealand taxation system. Capital Gains Tax and the feasibility and benefits of their possible introduction is being investigated be the Tax Working Group. Previously, John Key had been ... Read More