labour party tagged posts

Labour Party to Launch GST Protest Tour

February 24, 2010 New Zealand Taxation

Phil GoffThe 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 how unfair John Key’s plans to hike GST are.” The protest plan also includes several visits to local community groups like Grey Power, Citizen’s Advice Bureau, and any local budgeting services.

While introducing his protest-bus idea, Phil Goff claimed that the National Party had not campaigned with the promise that it would raise...

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Phil Goff Promises No Tax Rise

September 17, 2009 New Zealand FinanceNew Zealand 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 was also emphasized that any possible tax cuts will be prioritized and aimed towards low-income families. He described the party’s future focus as catering to average New Zealand households.

Further, Phil Goff made statements regarding a reform in the perception of the economy...

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National Backs R&D Tax Credit Drop

October 17, 2008 New Zealand FinanceNew Zealand Taxation  No comments

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, said that the research funded by the tax credit is not always of the highest standard, and that in the end, the tax credit has a “variable effect” and that firms would often reassign some of their previously followed activities as “R&D” to attain a credit...

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National Backs R&D Tax Credit Drop

October 17, 2008 New Zealand FinanceNew Zealand Taxation  No comments

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, said that the research funded by the tax credit is not always of the highest standard, and that in the end, the tax credit has a “variable effect” and that firms would often reassign some of their previously followed activities as “R&D” to attain a credit...

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