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Tax Press Releases

New Email Phishing Scam

Kiwi taxpayers are being warned to watch out for a new email phishing scam which asks them to disclose their personal financial information.

Submitted by pr.co.nz

April 4th, 2016 at 4:46 pm

Regions & Categories: New Zealand,Tax

Tax Toolbox Launched by Wise Advice

Wise Advice’s new app – the Tax Toolbox contains all the tax calculators a small business owner in New Zealand needs – GST, PAYE and personal tax along with a due date reminders function alerting you when tax payments are due. It also includes regular updates, usefull articles and discussions designed to help business people keep up to date with whats happening in the accounting and tax sector

Submitted by pr.co.nz

November 29th, 2011 at 5:04 pm

Regions & Categories: Business,New Zealand,Tax,Technology

Labour’s Tax Would Add to Crown Debt

Labour’s tax theories would leave a huge hole in taxpayers’ finances over the next 15 years and add $18.5 billion dollars to net Crown debt, Associate Finance Minister Steven Joyce says.

Submitted by pr.co.nz

July 18th, 2011 at 12:31 pm

Regions & Categories: Government,New Zealand,Tax

Budget Changes to Tax System

Budget 2011 changes to the tax system will ensure fairer treatment of employee benefits, new rules for mixed-use assets, and a new approach to livestock valuation elections for farmers.

Submitted by pr.co.nz

May 20th, 2011 at 3:10 pm

Regions & Categories: Farming,Government,New Zealand,Tax

Topics:

IRD Flexible towards Earthquake Victims

Inland Revenue will take account of the impact of this week’s huge Christchurch earthquake when dealing with the tax matters of individuals and businesses affected, Revenue Minister Peter Dunne said today.

Submitted by pr.co.nz

February 26th, 2011 at 10:57 am

Family Tax Credit Increase

Low-income working families who are eligible for the minimum family tax credit can look forward to an increase from 1 April next year, Revenue Minister Peter Dunne announced today.

Submitted by pr.co.nz

November 17th, 2010 at 7:03 am

Regions & Categories: Family,Government,New Zealand,Tax

Topics:

Qualifying Company Reforms

Minister of Revenue, Peter Dunne said today that the Government would introduce new rules preventing loss attributing qualifying companies (LAQCs) from passing losses on to their shareholders.

Submitted by pr.co.nz

October 13th, 2010 at 7:52 am

Regions & Categories: Business,Government,New Zealand,Tax

Topics:

Labour’s Fruit and Vegetables GST Policy Worth $1 a Week

Labour’s unfunded policy to remove GST from fresh fruit and vegetables would deliver only $1 a week for the average Kiwi – and much less for low income earners, Finance Minister Bill English says.

Submitted by pr.co.nz

September 29th, 2010 at 12:35 pm

Regions & Categories: Food,Government,New Zealand,Political,Tax

Topics:

Tax Cuts Will Increase Superannuation Payments

Tax changes on 1 October, 2010 will increase superannuation payments. A single (living alone) superannuitant will receive an extra $31.26 a fortnight, and married couples will receive an extra $42 between them in their fortnightly payments.

Submitted by pr.co.nz

September 22nd, 2010 at 9:19 am

Regions & Categories: Government,New Zealand,Tax

Topics: ,

Tax Cuts to Boost Real Wages

Tax changes on October 1, 2010 will boost real wages. Personal income tax rates will be cut, bank saving resident withholding tax rate will drop, the top tax rate on savings in PIE investments will drop and GST will increase.

Submitted by pr.co.nz

September 22nd, 2010 at 9:13 am

Regions & Categories: Business,Employment,Family,Government,New Zealand,Tax

Topics:

Income Sharing for Tax Purposes

Revenue Minister Peter Dunne has tabled legislation which would entitle up to 310,000 New Zealand families to income share for tax purposes.This family-friendly bill will empower and assist families with one parent working fewer or more flexible hours in order to raise their children.

Submitted by pr.co.nz

August 17th, 2010 at 9:41 pm

Company Tax Changes Will Increase NZ Competitiveness

Changes to New Zealand’s company tax rate will make our country more competitive internationally, Finance Minister Bill English claims.

Submitted by pr.co.nz

July 6th, 2010 at 8:56 am

Government May Repeal Gift Duty

The government is looking into repealing gift duty, and intends to if concerns around creditor protection and social assistance targeting can be dealt with. Gift duty was originally introducted to prevent circumvention of estate duty rules.

Submitted by pr.co.nz

June 15th, 2010 at 1:27 pm

Regions & Categories: Government,New Zealand,Tax

Topics: ,

Personal Tax Cuts in Budget

Personal tax cuts in Budget 2010.

Submitted by pr.co.nz

May 21st, 2010 at 9:56 pm

Regions & Categories: Finance,Government,New Zealand,Tax

Topics: ,

GST and Compensation in Budget

GST changes and compensation in Budget 2010.

Submitted by pr.co.nz

May 21st, 2010 at 7:22 pm

Tax cuts strengthen economy and help families

Across the board tax cuts and a package of other tax changes will strengthen economic growth and help families get ahead here in New Zealand, Finance Minister Bill English and Revenue Minister Peter Dunne say.

Submitted by pr.co.nz

May 20th, 2010 at 4:30 pm