tax splitting tagged posts

Tax Policy Update from Speech

May 20, 2009 New Zealand Taxation  No comments

Revenue Minister Peter Dunne gave a speech on the 15th of May, updating the government’s tax policies.

Revenue Minister Peter Dunne gave a speech to the New Zealand Institute of Chartered Accountants in Masterton. He addressed the current state of the economy as an opening for his update of the government’s current tax policy plans.

Peter Dunne restated his plans to instate a 30% tax alignment policy between company, top personal and trustee tax. Although he did say that this currently limited to a medium term plan on account of the Government’s financial position, unless an unexpected and large financial turnabout occurs.
He mentioned the Income splitting bill, which is scheduled to be introduced in 2010...

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