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Revenue Minister Stuart Nash has announced his intention to introduce a legislative amendment to ensure that payments received by a land owner from the grant of a land right (such as a licence or a limited term easement) continue to be taxable.
The Government’s updated tax policy work programme continues the focus on productivity, growth and wellbeing outlined in Budget 2019, Revenue Minister Stuart Nash announced today.
Opportunities to dodge tax are shrinking with the completion of a new tax agreement with Switzerland, Revenue Minister Stuart Nash announced today.
Almost $600 million has been paid into taxpayers’ bank accounts in the past two months, after the first season of automatic tax assessments.
Inland Revenue will gain greater powers to alert savings providers if a KiwiSaver investor is on the wrong tax rate, under new legislation introduced to Parliament.
Reforms to tax rules designed to ensure greater fairness in child support, retail trade, and residential investment have now passed into law.
Inland Revenue is to gain greater oversight of land transfer information to ensure those buying and selling properties are complying with tax rules on property speculation.
Offshore businesses that supply low-value goods to New Zealand have been granted a two-month extension to get systems in order for a new method to collect GST.
New Zealand is pushing on with efforts to ensure multinational companies pay their fair share of tax, with the release of proposed options for a digital services tax (DST).
Inland Revenue has released an issues paper on how to align an aspect of GST with international best practice and principles.
One of the biggest IT projects ever undertaken in the state sector has successfully cleared its latest hurdle with the transition of more than 19.7 million taxpayer accounts from one Inland Revenue computer system to another.
The Coalition Government today released its response to the recommendations of the independent Tax Working Group report.
Economic ties between New Zealand and China are being strengthened with the successful negotiation of a new taxation treaty.
Workers who are paying too much tax because of incorrect secondary tax codes are in line for relief with the passage of legislation through Parliament late last night.
Revenue Minister Stuart Nash has announced New Zealand is expanding its global ability to combat tax evasion by joining forces with authorities in 30 countries and jurisdictions.
A new group has been established to work on measures to help trans-Tasman businesses save time and money through improvements to their invoicing and payment systems.
The Coalition Government will take a measured response to the final report of the Tax Working Group (TWG), Finance Minister Grant Robertson and Revenue Minister Stuart Nash said today.
New Zealand is to consult on the design of changes to tax rules which currently allow multinational companies in the digital services field to do business here without paying income tax.
Ministers have received the Tax Working Group’s Final Report on the structure, fairness and balance of New Zealand’s tax system, Finance Minister Grant Robertson and Revenue Minister Stuart Nash say.
New tax legislation has been introduced to Parliament to ensure greater fairness in the way the tax system shapes commerce, investment decisions and social policies.
The New Zealand government announced today it is supporting the New Zealand Memorial Trust to establish a war memorial museum in Le Quesnoy, France.
Overseas companies selling goods online into New Zealand will soon be required to collect GST in the same way as domestic retailers.
Revenue Minister Stuart Nash and Customs Minister Kris Faafoi are encouraging feedback on a proposal to extend an information sharing agreement designed to crack down on organised crime.
The public is encouraged to provide feedback on the interim report released today by the Tax Working Group (TWG), Finance Minister Grant Robertson and Revenue Minister Stuart Nash said on Thursday.