Fuel allocations to airlines at Auckland Airport have been increased and flight schedules are returning to normal, as the fuel pipeline repair is on track to be completed well before school holidays begin, says Energy
The government and industry continue to work to maintain the fuel supply into Auckland, with offers of support from New Zealand Defence Force having been accepted by industry, says Energy and Resources Minister Judith
Energy and Resources Minister Judith Collins has spoken to Refining NZ and the heads of fuel companies affected by the disruption to the Marsden Point pipeline to Auckland and offered Government support if it is requi
Defaulting student loan borrowers in Australia have stumped up nearly $5 million in payments, thanks to new information received from tax authorities across the Tasman, Revenue Minister Judith Collins and Tertiary Education, Skills and Employment Minister Paul Goldsmith say.
An information exchange between the countries allows the Australian Taxation Office (ATO) to provide Inland Revenue with up-to-date contact details for Kiwi borrowers living in Australia.
Energy and Resources Minister Judith Collins today announced funding for 15 projects to increase charging facilities for electric vehicles and switch more trucks, buses and vans to electric power.
The projects are the latest to be funded under the Low Emission Vehicles Contestable Fund, administered by the Energy Efficiency and Conservation Authority (EECA).
Ms Collins announced projects that were conditionally approved under the second round of the fund to receive $3 million.
Revenue Minister Judith Collins has welcomed a second round of negotiations between China and New Zealand tax officials aimed at updating the current double tax agreement signed between the two countries in 1986.
“The aim is to agree a new treaty, adopting modern treaty language and concepts, including agreed measures to deal with base erosion and profit shifting,” Ms Collins says.
New Zealand tax officials will meet with Chinese officials in Beijing next week for the second time since 2014, to discuss a new treaty.
Revenue Minister Judith Collins has today welcomed the release of a tax officials’ paper, seeking feedback on options to reduce the cost to employers of administering PAYE information.
“We are aware that certain aspects of PAYE, such as correcting simple errors and sending that information to Inland Revenue, are still largely manual. This can impose excessive compliance costs on business.
Revenue Minister Judith Collins welcomed the tabling in Parliament today of the OECD-led multilateral instrument.
“The Multilateral Convention to Implement Tax Treaty-Related Measures to Prevent Base Erosion and Profit Shifting (known as the Multilateral Instrument) allows several thousand tax treaties around the world to be quickly updated in line with OECD recommendations.
Two Orders in Council signed this week will help strengthen New Zealand’s tax agreements with India, and with San Marino, to prevent tax evasion, says Revenue Minister Judith Collins.
The Third Protocol to New Zealand’s double tax agreement (DTA) with India updates previous exchange of information provisions and inserts an article relating to assistance in the collection of taxes into the DTA.
Finance Minister Steven Joyce and Revenue Minister Judith Collins have today announced the Government’s final decisions on proposals to address base erosion and profit shifting (BEPS).
“The new measures will significantly strengthen our tax rules and our ability to ensure that multinationals are taxed fairly and on the basis of their actual level of economic activity in New Zealand,” Mr Joyce says.
In combination the new measures will:
Transport Minister Simon Bridges and Energy and Resources Minister Judith Collins have announced the Government’s 2017 electric vehicle (EV) registrations target has been achieved 5 months early.
“This is great news and a reflection of the work undertaken by the Government and private sector in normalising the purchase and integration of EVs into the New Zealand vehicle fleet,” Mr Bridges says.
The Government is planning major changes to how IRD pays social support so that people can know better what their entitlements are and be sure of receiving the right amount, Finance Minister Steven Joyce and Revenue Minister Judith Collins say.
“The Working for Families system is very complex and has been since it was introduced,” Mr Joyce says. “More than 40 per cent of people receiving Working for Families are underpaid, while a quarter of all people get paid too much and end up owing money to Inland Revenue.”
Muslim community gathers to celebrate Eid
Members of the Muslim community will gather at Parliament tonight in a celebration of the Islamic festival of Eid ul-Fitr (Eid), Minister for Ethnic Communities Judith Collins says.
A study into New Zealand’s retail fuel market confirms that it has features which may not be consistent with a workably competitive market, Energy and Resources Minister Judith Collins says.
The Study found that retail fuel margins have increased significantly over the last five years while fuel margins for aviation and commercial road users have been flat or falling. It also found that higher petrol prices in the South Island and Wellington are not explained by higher costs in those areas.