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I am delighted to have been invited to address you on a sector that plays an increasingly significant role in our society and which is of particular importance to me.

 The success of the not for profit sector is something that I personally am deeply interested in, so when

I began to think about my remarks today I focused on two questions.

First, why exactly should the Government, through the tax system provide support for the not-for-profit sector? 

Good morning.

I am delighted to be here with you again, particularly for your twentieth annual conference.

Over the last twenty years some of the country’s top tax experts have come together at this conference to focus on the big issues of the day.

And there is always something new to occupy us in the world of tax.

Let us not forget that the big tax story twenty years ago was that Budget night 1992 introduced the contentious entertainment tax.

It was an event many of us remember well – and probably still bear the battle scars from!

Good morning.

Thank you once again for inviting me back to speak to you.

It is always a pleasure to attend your conferences.

Each year as I prepare to attend your conference I think about the various tax initiatives being delivered and how they might affect you, and there are many.

Today, I would like to look forward, to things that will happen and to things that could happen.

I want to talk about upcoming changes to tax rules and about changes to the tax administration as we know it.

Good morning and thank you very much for inviting me to be with you again today.

I always enjoy coming to speak to you.

At the heart of every economy is the crucial business of people receiving their pay correctly and on time, allowing them to plan how they spend, save or invest.

And as you are the people who make this happen, Payroll, in many respects, is the engine room of the economy.

Tax obligations

Let me put that into perspective.

Thank you very much for inviting me to speak to you again.

Much has changed since I spoke to you last year, but also a great deal still remains to be done.

This time last year we were still coming to grips the devastating Christchurch earthquakes – and there have been more since, having not only just a profound effect on the people of Christchurch, but also on the country as a whole, and the very psyche of our nation.