The upcoming changes to the national tax system are expected to greatly improve the economy, and aid the country’s recovery from the recent Christchurch disaster and financial downturn. Speaking in front of Parliament on March 25th the Finance Minister Bill English said that the upcoming changes to the tax system will help re-balance the economy, [...]

The upcoming changes to the national tax system are expected to greatly improve the economy, and aid the country’s recovery from the recent Christchurch disaster and financial downturn. Speaking in front of Parliament on March 25th the Finance Minister Bill English said that the upcoming changes to the tax system will help re-balance the economy, as the country faces its biggest budgetary deficit ever. The Finance Minister said that the changes are expected to improve conditions for businesses, encourage economic growth, while remaining ... Read More

The New Zealand Government has released a list of its taxation policy aims and goals for the next year, which are claimed will aid efforts to rebalance the country’s economy and strengthen its growth prospects. On October 29th New Zealand’s Government Tax Policy Work Programme 2010-11 was revealed by Bill English, New Zealand Minister of [...]

The New Zealand Government has released a list of its taxation policy aims and goals for the next year, which are claimed will aid efforts to rebalance the country’s economy and strengthen its growth prospects. On October 29th New Zealand's Government Tax Policy Work Programme 2010-11 was revealed by Bill English, New Zealand Minister of Finance, and Peter Dunne, Minister of Revenue, at a conference of the New Zealand Institute of Chartered Accountants. The Programme is prepared annually by the Minister of Finance ... Read More

The New Zealand Finance Minister has deflated any ideas of the Government implementing “big hit” economic reforms, until the country has adequately come out of the recession. Within fifteen years, advanced economies like the US and the UK will face the repercussions and ill-effects from their recession-stage economic reforms and policies, according to Bill English, [...]

The New Zealand Finance Minister has deflated any ideas of the Government implementing “big hit” economic reforms, until the country has adequately come out of the recession. Within fifteen years, advanced economies like the US and the UK will face the repercussions and ill-effects from their recession-stage economic reforms and policies, according to Bill English, Finance Minister of New Zealand. Speaking at a National Party conference on July 16th, the Minister said that if over the coming five years New Zealand continues with ... Read More

The New Zealand Government is proposing a series of extensive transformation to the tax filing administration process, promising to deliver greater information ability, ease of filing, along with lowered incidence of processing error and calculation mistakes. The Government and the Inland Revenue Department (IRD) are urging New Zealand taxpayers to give comment on planned changes [...]

The New Zealand Government is proposing a series of extensive transformation to the tax filing administration process, promising to deliver greater information ability, ease of filing, along with lowered incidence of processing error and calculation mistakes. The Government and the Inland Revenue Department (IRD) are urging New Zealand taxpayers to give comment on planned changes to tax administration. On June 15th the Making Tax Easier proposal was introduced, along with a public consultation period lasting until July 23rd. For individual taxpayers, the IRD has ... Read More