road user charge tagged posts
February 14, 2012 New Zealand Taxation
The Auckland City Council’s plan to instate several new taxes has been dashed following comments made by the Prime Minister of New Zealand.
While giving a television interview on February 13th, the Prime Minister of New Zealand John Key indicated that the government would not approve a request by the Auckland City Council to raise a number of local taxes in order to help pay for new infrastructure projects.
Earlier last week the Auckland City Council revealed that it is currently investigating the feasibility of increasing taxes levied throughout the region to help raise an extra NZD 2.4 billion, in order to pay for a new inner-city rail system...Read More
December 18, 2008 New Zealand Taxation
In a speech made by Energy and Resources Minister Gerry Brownlee to parliament, the use of tax breaks as incentives has been proposed to increase the use of biofuels in New Zealand.
The key concern of the speech was to repeal a Labour government passed law which stated that by the year 2012 2.5% of the petrol and diesel market be sourced from biofuel. Garry Brownlee said that although there were a number of exciting biofuel projects in New Zealand, the amount was not enough to meet the law requirement. Subsequently, this would require fuel companies to import increasing amounts of biofuels and as it is sourced from overseas there is no guarantee that it will be done so from renewable or sustainable resources.
The current implementation of some biofuel productions competes directly with t...Read More