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Tax

'Just be honest mate and pay your tax', say tradies

A survey of Auckland tradespeople shows an Inland Revenue campaign highlighting cash jobs has hit home, with four in five believing they’ll get caught if they cheat on their taxes.

Bright-line Bill passes first reading

The Taxation (Bright-line Test for Residential Land) Bill, which contains proposals to improve compliance with the tax rules on the sale of residential land, has passed its first reading in Parliament.

Closely held companies tax rules examined

Revenue Minister Todd McClay says a paper released today for public feedback aims to make the current tax rules for closely held companies more workable.

Online GST discussion document released

Revenue Minister, Todd McClay, today released a discussion document on the collection of GST for online purchases.

Tax suggestion constructive - BusinessNZ

BusinessNZ says Labour’s proposal for provisional tax is a constructive step.

Greens support simplifying tax for small business

Now that the four biggest parties in Parliament agree on the way forward, it’s time for the Government to get on with simplifying provisional tax for small businesses, the Green Party said today.

NZ-Canada double tax agreement now in force

Revenue Minister Todd McClay has welcomed a new double tax agreement between New Zealand and Canada, which is now in force.

Bill to strengthen property tax rules passes first reading

A bill which will help Inland Revenue enforce the tax rules around property has passed its first reading in Parliament today.

Bill to strengthen property tax rules introduced

Revenue Minister Todd McClay and Land Information Minister Louise Upston have welcomed the introduction of a new bill which will help Inland Revenue enforce the tax rules around property.

Minister welcomes $74 million for tax compliance

Budget 2015 continues the Government’s investment in ensuring fairness in the tax system by pursuing those attempting to avoid paying tax, Revenue Minister Todd McClay says.

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