Jan 21, 2010
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
Jan 13, 2010
New Zealand Prime Minister John Key has given indications that the New Zealand Government will continue to investigate the viability of personal tax cuts in 2010. At his first press conference for 2010 John Key summarized the Government’s goals for the new year, and said that “Shoring up the tax base and ultimately lowering personal [...]
New Zealand Prime Minister John Key has given indications that the New Zealand Government will continue to investigate the viability of personal tax cuts in 2010.
At his first press conference for 2010 John Key summarized the Government’s goals for the new year, and said that "Shoring up the tax base and ultimately lowering personal tax rates are important”. Though he provide no further details, John Key said that further explanations on the Government’s economic position will be provided on February 9th, at ... Read More
Dec 2, 2009
Within days of the 2025 Taskforce releasing their report to the New Zealand Government and the Tax Working Group’s conference, intense debate has arisen around the changes that need to be made in New Zealand’s taxation system, bringing into question set goals and the methods behind them. Amid a global financial crisis and worldwide climate [...]
Within days of the 2025 Taskforce releasing their report to the New Zealand Government and the Tax Working Group's conference, intense debate has arisen around the changes that need to be made in New Zealand's taxation system, bringing into question set goals and the methods behind them.
Amid a global financial crisis and worldwide climate of tax changes, the New Zealand Government has created two research groups with the common goal of improving the country's financial standing. The 2025 Taskforce was charged with ... Read More
Nov 30, 2009
The 2025 Taskforce published its report to the New Zealand Government on November 30th, suggesting a number of taxation and government spending changes it believes are necessary in order for the country to close any incomes gaps with Australia. Key suggestions brought forward by the 2025 Taskforce report include lowering the current top tax rate [...]
The 2025 Taskforce published its report to the New Zealand Government on November 30th, suggesting a number of taxation and government spending changes it believes are necessary in order for the country to close any incomes gaps with Australia.
Key suggestions brought forward by the 2025 Taskforce report include lowering the current top tax rate of 38% and the corporate tax rate of 30% to 20%. If suggestions in the report are followed, Government spending in 2012 and 2013 will be reduced ... Read More
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