The New Zealand Labour Party has announced that it will be launching a cross-country bus tour in protest to the National Party’s proposed Good and Service Tax rate increase. Phil Goff, Labour Party leader, announced on February 22nd that a two week protest bus-tour will be launched on February 28th to fight the possibility of a the GST rate being raised to 15 percent. He claimed that the tour’s aim was to visit New Zealand communities and "to show them just ... 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, 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

Speaking for the National Party on the 17th of October, National MP Paul Hutchison, backed and attempted to justify his parties plan to abolish the tax credit for research and development in New Zealand. Since the announcement of their tax plan, the National Party has been receiving a lot of criticism from both the public and groups like the New Zealand Manufacturers and Exporters Association, along with business relying on their research and development tax credit. Paul Hutchinson, in a talk in Palmerton North, ... Read More