Category Taxation in New Zealand

Give Us Solar Panels and Win Our Vote, Say New Zealanders

September 3, 2018 Taxation in New Zealand

Los paneles solares una realidad en México.WELLINGTON – The next election in New Zealand could go to the party which promise to pay for residential solar panels and electric cars, according to a survey.

Last week the New Zealand research company, Horizon Research, issued the results of a new survey into the opinions of New Zealanders on the potential use of tax subsidies to reduce emissions and address climate change.

Approximately 64 per cent of people surveyed agreed that climate change is a problem, and approximately 29 per cent said that it was an urgent issue, while 30 per cent said that it was either a problem for later or not a problem at all.

Approximately 71 per cent of people who were surveyed said that they would support the introduction of subsidies on the purchase and installation of residential solar power systems.

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Fuel Tax Debate Fires Up in New Zealand

August 29, 2018 Taxation in New Zealand

Fuel taxWELLINGTON – According to opposition parties and advocacy groups, New Zealand’s rising fuel taxes are a political sham and an indication of the government’s indifference to living costs.

The issue of rising petrol prices is heating up again in New Zealand, and upcoming tax hikes are one of the major factors behind the discussion.

In a recent media interview the chief executive if the Road Transport Forum NZ, Ken Shirley, said that the upcoming tax hikes on petrol are a political sham.

Since July this year, New Zealand’s biggest city, Auckland, has seen a regional fuel tax levied at a rate of NZD 0.115 per litre of petrol sold.

In addition to the regional tax, the government intends to introduce a series of hikes to the national fuel tax, which will total approximately NZD 0...

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Double Alcohol New Zealand Tax, Say Academics

August 16, 2018 Taxation in New Zealand

Alcohol taxes in New ZealandWELLINGTON – Heavy drinkers and alcoholics need to pay more tax to cover the costs they cause New Zealand.

On August 15th the capital of New Zealand, Wellington, played host to a conference organized by Alcohol Action and the Massey University’s Shore and Whariki Research Centre, where several academics and experts called for an increase to the rate of alcohol taxes in the country.

It was claimed that alcohol harm costs the country as much as NZD 7.85 billion each year, in the form of factors such as unemployment, labour losses, costs to the health system, car crashes, accidents, and other health problems associated with alcohol consumption.

In New Zealand approximately 20 per cent of drinkers are classed as light drinkers, and 60 per cent are classified as moderate drinkers, with the re...

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NZ Government Wants Tobacco Tax, Not Vapes

August 13, 2018 Taxation in New Zealand

Taxes on vapes in NZWELLINGTON – Despite being healthier than smoking, tobacco products are being labelled as being just as dangerous in New Zealand, all for the sake of tax revenues.

On August 10th the New Zealand Taxpayers’ Union (TPU), a tax advocacy group, issued a press release claiming that the government of New Zealand is choosing to pursue tax revenues instead of helping smokers kick the habit.

The TPU claims that regulations will require tobacco-alternatives to be packaged in a manner which would deer smokers from using the healthier alternatives.

Tobacco alternatives sold in New Zealand will soon be required to be labelled with the same anti-smoking labels as regular cigarettes, and the requirement extends to non-combustion products such as e-cigarettes, heated tobacco and snus.

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Self-Employed Kiwis Hide a Fifth of Their Income

August 7, 2018 Taxation in New Zealand

Tax compliance in New ZealandWELLINGTON – Self-employed New Zealanders are hiding 20 per cent of their income, and the modern “gig economy” is not making the situation better.

Self-employed taxpayers in New Zealand are underreporting their incomes by an average of 20 per cent in order to reduce their tax payments, according to the results of new research made public by the government appointed Tax Working Group.

The research looked only at individuals who are self-employed and not working through a corporate structure such as a company or trust.

Typically in New Zealand, such taxpayers are sole traders or working as part of a partnership.

These taxpayers represent approximately 55 per cent of the self-employed income generated in New Zealand, with the remainder being represented by those who are working through thei...

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