Taxation System Consultancy Group Set Up

Categories: New Zealand Taxation

An assistance group for the Government has been set up, with the aim of advising the government on the taxation system decisions and planning. It was announced by Finance Minister Bill English and Revenue Minister Peter Dunne that the “Tax Working Group” has been established and will assist the Government with policy decision changes. While [...]

An assistance group for the Government has been set up, with the aim of advising the government on the taxation system decisions and planning. It was announced by Finance Minister Bill English and Revenue Minister Peter Dunne that the “Tax Working Group” has been established and will assist the Government with policy decision changes. While the newly formed group will not have direct input into the decision making process for the Government, it will still be influential in its actions. Primarily the group ... Read More

Government Tax Income below Expectation

Categories: New Zealand Taxation

The Governmental spending power is lower than the forecast pre-election figures, a lower tax revenue is blamed. According to the financial statements released by the New Zealand Government under the Public Finance Act 1989, the government is operating with a much lower monetary amount than previously predicted. Chief blame behind this rest with the lowered [...]

The Governmental spending power is lower than the forecast pre-election figures, a lower tax revenue is blamed. According to the financial statements released by the New Zealand Government under the Public Finance Act 1989, the government is operating with a much lower monetary amount than previously predicted. Chief blame behind this rest with the lowered tax revenue experienced by the government, with figures of $29,344 million as opposed to the December forecast of $30,529 million. Similarly the Crown’s core expenses were almost ... Read More

Key’s Tax Cut Reassurance

Categories: New Zealand Taxation

John Key has sent out reassurance that the planned National Party tax cuts are going to be affordable and timely for New Zealand. In the face of the apparently grim Treasury report received by John Key and his incoming Minister of Finance, Bill English, remained optimistic and stood behind the proposed tax cut policy of [...]

John Key has sent out reassurance that the planned National Party tax cuts are going to be affordable and timely for New Zealand. In the face of the apparently grim Treasury report received by John Key and his incoming Minister of Finance, Bill English, remained optimistic and stood behind the proposed tax cut policy of the National Party. While neither man was willing to comment on the exact figures and information provided by the Treasury, they did concede that the situation ... Read More

Key's Tax Cut Reassurance

Categories: New Zealand Taxation

John Key has sent out reassurance that the planned National Party tax cuts are going to be affordable and timely for New Zealand. In the face of the apparently grim Treasury report received by John Key and his incoming Minister of Finance, Bill English, remained optimistic and stood behind the proposed tax cut policy of [...]

John Key has sent out reassurance that the planned National Party tax cuts are going to be affordable and timely for New Zealand. In the face of the apparently grim Treasury report received by John Key and his incoming Minister of Finance, Bill English, remained optimistic and stood behind the proposed tax cut policy of the National Party. While neither man was willing to comment on the exact figures and information provided by the Treasury, they did concede that the situation was less ... Read More