The Government will not continue with a proposal which would have changed the way some employer-paid carparks in central Auckland and Wellington are treated for tax purposes, Finance Minister Bill English and Revenue Minister Peter Dunne say.
The Government is planning to once again attack struggling New Zealand businesses by imposing Fringe Benefit Tax (FBT) on company car parks in Auckland and Wellington, says New Zealand First.
Taxpayers who may have reduced their income tax obligations through an income diversion arrangement have until the end of this month to take advantage of Inland Revenue’s concession to make a voluntary disclosure.
The Christchurch rebuild depends on a well-working tax system, so Inland Revenue has undertaken research to examine the impact of the earthquakes on small and medium businesses.
Inland Revenue is reminding customers that end-of-year tax payments are due 7 February 2013 unless they have an extension of time through a tax agent. Payment may be required for Income Tax, Working for Families Tax Credits or Student Loans for the 2012 tax year.
While we do not agree companies operating in New Zealand should aggressively seek to pay the minimum tax possible in New Zealand, this is no time to be signaling we are about to tighten our company tax rules, the Employers and Manufacturers Association says.
Tertiary Education, Skills and Employment Minister Steven Joyce today announced three new appointments to the councils of Massey University, the University of Waikato and the Nelson and Marlborough Institute of Technology.
The must-have guide to what’s on during Wellington City’s sizzling summer events season hits the streets today.
Inland Revenue has issued a Commissioner’s Statement advising employers that they are required to account for PAYE on payments made towards staff accommodation costs.
Inland Revenue has extended its approach regarding taxpayers with income diversion arrangements similar to Penny and Hooper to 31 March 2013.
Deloitte New Zealand’s Teresa Farac recognised as leading advisor in tax law at the Legal Media Group Australasia Women in Business Law Awards.
The New Zealand Institute of Chartered Accountants (NZICA) has today released the second instalment of its thought leadership paper on ways to simplify taxation for New Zealand's thousands of small businesses.
Revenue Minister Peter Dunne today launched Inland Revenue's new mobile web application that will allow people to manage more of their tax and social policy entitlements on the move.
Christchurch, New Zealand -2 December, 2011 - New Zealand's leading online tax refunds company NZ Tax Refunds has ranked 30th on this year's Asia Pacific Deloitte Technology Fast 500 with 1401% growth.
Hon Peter Dunne Minister of Revenue Speech Keynote Address to NZ Institute of Chartered Accountants (NZICA), 2011 Tax Conference Auckland, 9.30am Friday 11 November
A double tax agreement between New Zealand and Hong Kong is now in force, Revenue Minister Peter Dunne announced today. Mr Dunne has welcomed the new agreement, which was signed in December last year.
Following the abolition of Gift Duty, Age Concern New Zealand reminds older people to think carefully before disposing of their assets. Age Concern's honorary solicitor Jock Nicolson is concerned older people may be encouraged to give away too many assets prematurely.
People renting out their house for the Rugby World Cup are under scrutiny from Inland Revenue to ensure they meet their tax obligations.
Research at Victoria University could contribute to new treatments for the costly and sometimes fatal condition of fly strike in sheep.
Operating costs and business debt shouldered not only by farms but all businesses are reflected in their level of taxes paid, says BusinessNZ.
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