The annual tax rates and remedial matters Bill has been re-introduced today.
Inland Revenue is refining the screening tests for eligibility for the Cost of Living Payments ahead of the second payment being made from 1 September.
From 1 August an estimated 2.1 million New Zealanders will be eligible to receive the first targeted Cost of Living Payment as part of the Government’s plan to help soften the impact of rising global inflationary pressures affecting New Zealanders.
With the first of three monthly Government Cost of Living payments due to be made on Monday, Revenue Minister David Parker is urging people to make sure Inland Revenue has their bank account details.
The Government is providing additional certainty for businesses struggling with the Omicron outbreak that they will be able to access the new targeted COVID Support Payment (CSP).
A new targeted COVID Support Payment will be made available for businesses struggling with revenue during the Omicron outbreak.
The Transition Payment that is available for affected businesses to support their move to the COVID-19 Protection Framework has opened for applications this morning.
Inland Revenue is seeing increased demand for Resurgence Support Payments and other assistance schemes that it administers, but is processing applications quickly, Revenue Minister David Parker said today.
Businesses affected by higher Alert Levels will be able to apply for further Resurgence Support Payments (RSP).
The Government’s Resurgence Support Payment (RSP) has been updated to better support newly established businesses.
The Government has announced a housing package that will increase the supply of houses and remove incentives for speculators, to deliver a more sustainable housing market.
The Government will today keep its election promise to put in place a new top tax rate of 39 per cent on income earned over $180,000.