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The Government is today announcing further support for businesses that continue to be affected by the global COVID-19 pandemic, as the broader economy becomes one of the most open in the world following the success of New Zealand’s public health efforts.

Government Ministers are asking significant private enterprises to adopt prompt payment practices in line with the state sector, as a way to improve cashflow for small businesses.

The Government will provide interest free loans for a year to small businesses impacted by the COVID-19 economic shock to support their immediate cashflow needs and meet fixed costs.

The Government has announced a suite of new measures to provide relief for small and medium-sized businesses during the COVID-19 pandemic.

The Coalition Government is backing Kiwi companies to innovate and grow by making it easier to invest in new assets and business models, and giving start-ups a better shot at success.

Licensed firearms owners will get fair compensation for weapons handed in during the six-month buy-back and amnesty, Finance Minister Grant Robertson and Police Minister Stuart Nash announced today. 

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).

The Coalition Government today released its response to the recommendations of the independent Tax Working Group report.

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.

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.

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the members being appointed to the Government’s Tax Working Group.

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen.