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Tax Hike for New Zealand’s Wealthy 27 Aug 2013 | 05:55 am
The Labour party could soon make a heavy push to hike taxes for the wealthy, if David Cunliffe comes to power. On August 27th David Cunliffe, one of the candidates for the leadership position of the ...
New Zealand Company: Goods and Service Tax 5 Aug 2013 | 06:25 am
Goods and Service Tax is a tax paid by both businesses and individuals on the purchase of goods and services in New Zealand. Any New Zealand registered company with a realized turnover of more than N...
Fraudsters Stick To Fax Scams 5 Aug 2013 | 04:13 am
Some businesses have recently received faxes containing a fraudulent form designed to convince taxpayers to willingly provide confidential data to fraudsters. The IRD has issued a warning to taxpayer...
Fat Tax Mooted in New Zealand 31 Jul 2013 | 03:36 am
Taxes targeted at unhealthy food could drastically reduce the occurrence of heart disease in New Zealand. In a new study published on July 31st by the Australian and New Zealand Journal of Public Hea...
Court Busts Intricate Tax Evasion Scheme 30 Jul 2013 | 06:10 am
Four men have been convicted for their roles in a multimillion dollar tax fraud scheme carried out over more than a decade. Late last week the Wellington High Court today convicted three individuals ...
New Zealand Limited Partnership: Document Requirements 29 Jul 2013 | 05:26 am
New Zealand Limited Partnerships are quick to register, and the entire process can be completed in less than two weeks. However, in order to complete the registration in the shortest time possible it ...
OCR Maintained at 2.5% 25 Jul 2013 | 03:41 am
The OCR has been left unchanged yet again, for the 18th time in a row. The Reserve Bank announced today that the New Zealand Official Cash Rate (OCR) has been left at 2.5 percent at it latest review....
New Zealand CPI at 0.7 Percent 18 Jul 2013 | 04:32 am
New Zealand’s CPI has fallen to the lowest level in 13 years. On July 16th Statistics New Zealand released a new statement showing that the Consumer Price Index (CPI) over the year ending June 2013 w...
Government Wont Rule Out More Tax Hikes 17 Jul 2013 | 04:16 am
New Zealanders may have to brace to feel the sting of yet another set of tax hikes on petrol, as the government looks for more funding for Auckland’s roads. On July 16th the Transport Minister Gerry ...
Tauranga Accountant Sentenced for Perjury 9 Jul 2013 | 01:44 am
An accountant has been sentenced for evading over NZD 100 000 in taxes, and for purposely misleading the IRD during its investigations of the evasion. Last week the Tauranga based accountant Bruce Wo...