New Zealand needs to take a step back and have a close look at the current tax code, before embarking on a fundamental overhaul of the tax system. Grant Thornton, a partner at the taxation consultancy firm Greg Thompson, has heralded in the new year with a press release issued on January 14th, saying that [...]

New Zealand needs to take a step back and have a close look at the current tax code, before embarking on a fundamental overhaul of the tax system. Grant Thornton, a partner at the taxation consultancy firm Greg Thompson, has heralded in the new year with a press release issued on January 14th, saying that the New Zealand tax code and tax administration systems need a complete overhaul. According to Grant Thompson, over the years the New Zealand tax regulations have faced a succession ... Read More

A new bill has been introduced, proposed several tax changes aimed at ensuring that the New Zealand tax system remains fair and competitive. On September 13th a new bill was introduced to Parliament today, proposing revisions to the taxation of livestock, the taxation of mix-use assets, and also suggesting that non-resident businesses should be able [...]

A new bill has been introduced, proposed several tax changes aimed at ensuring that the New Zealand tax system remains fair and competitive. On September 13th a new bill was introduced to Parliament today, proposing revisions to the taxation of livestock, the taxation of mix-use assets, and also suggesting that non-resident businesses should be able to register for GST in New Zealand. The bill, the Taxation (Livestock Valuation, Assets Expenditure and Remedial Matters) Bill, contains provisions to amend the rules for the valuation ... Read More

The Alliance Party is attempting to woo New Zealand voters, with a promise of tax reforms and greater equality. With only days to go to the national General Election the Alliance Party is pushing for voter support with a radical overhaul to the country’s taxation system, saying that its planned changes would create higher living [...]

The Alliance Party is attempting to woo New Zealand voters, with a promise of tax reforms and greater equality. With only days to go to the national General Election the Alliance Party is pushing for voter support with a radical overhaul to the country’s taxation system, saying that its planned changes would create higher living standards in New Zealand. The Alliance Party proposes an overhaul to the treatment personal income taxes. Under the party’s rules all incomes below NZD 10 000 would ... Read More

The New Zealand Mana Party is aiming to equalize income inequalities in New Zealand through a series of new measures. In a speech given in Auckland on October 27th the Manukau East Mana Party candidate John Minto said that the party is aiming to restore equality across the country. John Minto claimed that within New [...]

The New Zealand Mana Party is aiming to equalize income inequalities in New Zealand through a series of new measures. In a speech given in Auckland on October 27th the Manukau East Mana Party candidate John Minto said that the party is aiming to restore equality across the country. John Minto claimed that within New Zealand there exists an extremely wealthy 1 percent of the population, while hundreds of thousands of children in the country live in poverty. In order to address ... Read More