Monthly Archives :February 2019
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Tax working group, TWG report, NZ Tax,

A taxing year looms

The year ahead in tax will be dominated by this week’s release of the Tax Working Group’s final report.  The TWG is expected to recommend the introduction of a realisation based capital gains tax to close a perceived major gap in New Zealand’s tax system. The coming debate over CGT will almost certainly drown out […]

Small Business Council , Jacinda Ardern , Stuart Nash

Terry’s Tax Roundup – 8 – 15 February 2019

The week’s tax news in one handy summary.  New Zealand Tax Not sure if Andrew King meant to make the argument for taxing homeowners | Property investors: Tax law change poorly considered https://t.co/LTK7XeLl6E The TWG’s interim report wasn’t persuaded about indexation and capital gains. Will be interesting to see if that’s still the view | […]

New Zealand Dollar coin

Terry’s Tax Roundup – 1 – 7 February 2019

The week’s tax news in one handy summary.  New Zealand Tax More on inflation and thresholds. Worth remembering that in 2005 a similar proposal by then finance minister Sir Michael Cullen was dismissed as “chewing gum tax cuts” | Proposed changes better, but ‘what about the extra billions already paid?’ https://t.co/RqpcPShTk5 Interesting take from Brad […]

NZ tax, tax brackets increase, tax and inflation?

Terry’s Tax Roundup – 23 – 31 January 2019

The week’s tax news in one handy summary.  New Zealand Tax Some valid points raised but I can’t see assets acquired pre-introduction being excluded. Australia did this & it’s widely regarded as a mistake | Accountants call for changes in capital gains tax draft https://t.co/J349NQw5VF Will be interesting to see what the TWG says on […]

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