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Tax

Is gifting really free?

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.

Tax admin, compliance suggestions sought

Tax admin, compliance suggestions sought
Revenue Minister Peter Dunne today called for public submissions on certain remedial matters focused on simplifying aspects of tax administration and compliance. Key areas include:

Court clarified avoidance law - expert

Court clarified avoidance law - expert
Leading expert and former IRD advisor professor Chris Ohms from AUT University Law School says that the decision by the Supreme Court yesterday regarding the Penny and Hooper case does not create uncertainty, contrary to the views expressed today in the media.

Government's GST moves welcomed

Government's GST moves welcomed
The release today of a discussion document from the IRD on GST and transactions with non-resident businesses has been welcomed by Deloitte tax partner Allan Bullot.

Tax Justice: Why NZers are backing no GST on food campaign

Tax Justice: Why NZers are backing no GST on food campaign
A petition signed by 40 000 New Zealanders asking for GST to be removed from food will be presented at Parliament at noon tomorrow Tuesday 16 August 2011.

Tax expert warns of tax issues on Rugby World Cup rentals

People renting out their house for the Rugby World Cup are under scrutiny from Inland Revenue to ensure they meet their tax obligations.

Millionaires biggest beneficiaries from lack of capital gains tax

Millionaires biggest beneficiaries from lack of capital gains tax
Millionaires are the biggest beneficiaries from of the lack of tax on capital gains while the vast majority of New Zealanders would be completely untouched by such a tax, Green Party Co-leader Dr Russel Norman said today.

John Key - Speech to National Party Northern Region Conference

John Key - Speech to National Party Northern Region Conference
Speech to National Party Northern Region Conference Welcome to the 2011 National Party Northern Region Conference. I'd like to thank you for being here today. You are loyal National Party members and you make this Party strong.

An Open Letter To Bill English Responding To His Challenge Re "Transformational" Economic Growth

An Open Letter To Bill English Responding To His Challenge Re "Transformational" Economic Growth
Dear Bill, At Friday morning's ANZ Budget Breakfast, you challenged the 350 or so attendees to let you know if they had any big ideas which would have a transformational potential for the New Zealand economy, "because we haven't".

New knowledge could combat fly strike in sheep

Research at Victoria University could contribute to new treatments for the costly and sometimes fatal condition of fly strike in sheep.

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