Category Taxation in Asia-Pacific

NZ IRD to Automatically Give Out Refunds

August 3, 2018 Taxation in New Zealand

New Zealand IRDWELLINGTON – Waged staff in New Zealand will now automatically get tax refunds, without filling out any forms.

On August 3rd the Inland Revenue Department of New Zealand announced that it expects to automatically issue 750 000 tax refunds to individuals next year.

Currently, salary and wage earners in New Zealand see their personal income tax automatically deducted from their earnings, which means that they do not typically have to file annual tax returns.

However, workers whose job changed or whose payments were not always the same could voluntarily complete a Personal Tax Summary which may indicate that they are owed a tax refund.

While this process is aimed at being easy, there is an existing industry which will complete the procedure on behalf of taxpayers.

If the Inland Revenue De...

Read More

Australia Says No to Sugar Tax

August 2, 2018 Taxation in Australia

Sugar taxCANBERRA – Australia won’t enact a sugar tax, as it is not the government’s job to tell people what to eat and drink.

The government of Australia has made it clear that it does not intend to enact a tax on sugar and sugar-sweetened beverages.

The government had received a recommendation from the Centre for Research Excellence in the Early Prevention of Obesity in Childhood to launch a 20 percent tax on soft drinks, and other sugar-laden drinks.

The move was meant to address the growing problem of obesity and obesity-related health issues in Australia.

In particular, the tax would have been aimed at reducing the sugar intake levels of children up to the age of five.

The Centre has found that as many as 27 percent of Australian children are overweight or obese by the time they reach five...

Read More

Tobacco Taxes Killing NZ Shop Owners

July 24, 2018 Taxation in New Zealand

tobacco taxes in New ZealandWELLINGTON – Cigarettes and tobacco kill smokers, but cigarette taxes have led to the deaths of shopowners.

In a press conference on July 23rd, the acting Prime Minister of New Zealand Winston Peters claimed that the rate of taxation applied to the sale of tobacco and cigarettes is leading to the murder and assault of shop owners in New Zealand.

The government of New Zealand has a long-standing policy of annual increase to the rate of tax applied to cigarettes.

The hikes are intended to drive down the rate of smoking in the country, with the ultimate goal of seeing a “smoke-free” New Zealand by the year 2025.

Over the course of 2018, the number of violent robberies and assaults on small businesses appeared to have escalated, and many commentators suggested that the cause of the esca...

Read More

Samoan Chruch Tax Stoush Escalates

July 18, 2018 Taxation in Samoa

Church tax in SamoaAPIA – Samoa’s biggest church continues to deny that its ministers should be taxed, and now the church is even refusing to talk about the topic.

The ongoing battle between the government of Samoa and the nation’s biggest church, the Congregational Christian Church of Samoa, has taken another turn, as the church appears to have refused to talk about the matter until next year.

Earlier this year the government enacted a new law which would require church ministers to register to pay income tax, and to pay the tax on the money they receive while carrying out their duties.

The Congregational Christian Church of Samoa contests that the money that ministers receive is all in the form of donation and shouldn’t be taxed, and, further, the thought of taxing the donations is an affront to their...

Read More

Samoa’s Tax Stand Off Continues

July 12, 2018 Taxation in Samoa

Church tax in SamoaAPIA – The tax dispute between the Samoan state and the Samoan church is continuing, with the government now threatening to confiscate minister’s assets.

The Prime Minister of Samoa Tuilaepa Sailele Malielegaoi has said that the government is not ruling out the potential confiscation of assets from church ministers, if they do not comply with the new tax rules regarding incomes from donations made by church-goers.

Earlier this year the government of Samoa announced that it will consider payments made to church ministers to be income, and, as such, to be liable for income taxes.

Samoa’s largest church contested that the payments are donations, and therefore should not be taxed, and added further that paying tax on the income is an insult to the faith.

The Church is maintaining that its...

Read More