Media – Baucher Consulting Limited

5 June 2022

STOP THE RICH DODGING TAX

The new 39% top tax rate (for the highest earners) can be “dodged” by diverting income through a company which is taxed at a lower 28% rate. Terry says “Shareholders are looking to convert income to capital.”

1 May 2022

TAX AND DAVID PARKER’S NEW BILL

Terry joins Q & A with Jack Tame on TVNZ with journalist Jenée Tibshraeny. Is our tax system fair? Will more data change the tax reform conversation?

31 May 2022

TAXING BILLIONAIRES?

Wallace Chapman and Terry discusses NZ’s unfair tax system. It’s overloaded taxing individuals’ salaries and GST and not enough tax on capital. [Starts at 11:54.]

24 February 2022

WHY KIWIS WANT A CAPITAL GAINS TAX

Terry Baucher joined Ian Powell. 70% of those polled said yes we need a CGT. Views are shifting as property prices have risen so fast. Should we exempt the family home? What tax rate should apply?

19 July 2021

FIX HOUSING WITH FAIR ECONOMIC RETURN TAX

Terry Baucher and retirement researcher Susan St John are proposing a new “fair economic return” tax across all residential property.

Money invested in property would be deemed to have provided a certain rate of return each year, regardless of whether that rate of return was actually realised or not.

19 July 2021

TAX ON ALL HOUSING NEEDED TO FIX DISTORTION

Tax expert Terry Baucher and Susan St John have written a working paper calling for a fair economic return approach to be applied to housing, which they said could generate $1 billion a year in tax.

26 April 2022

HOW MUCH TAX DO THE WEALTHY PAY IN NZ?

Tax expert Terry Baucher joins The Panel to explain why we have no idea. How much wealth is passed generationally? Tax transparency shows where wealth is held

17 November 2020

GOVERNMENT MAY BE FORCED INTO WEALTH TAX

The government may be forced to implement a wealth tax to address the housing crisis and pressure on rental markets. Terry Baucher talks to the Panel about the prospect and drivers of a wealth tax.

14 April 2021

US CHANGES TUNE ON CORPORATE TAX

US President Joe Biden has signalled a significant tax shake up which could have serious impacts for the world’s largest corporations. So just how much of an impact could this have on Aotearoa and beyond?

25 February 2021

MONETARY POLICY IMPACT ON HOUSING

More than 40 percent of the country’s millionaires are paying lower tax rates than the lowest rate paid by ordinary earners, explains tax specialist Terry Baucher

Money invested in property would be deemed to have provided a certain rate of return each year, regardless of whether that rate of return was actually realised or not.

26 February 2021

RECKONING COMING FOR UNSUSTAINABLE TAX SYSTEM

The wealthiest New Zealanders pay just 12 per cent of their total income in tax, on average. That compares with an effective tax rate of about 16-18 per cent on New Zealanders earning the median income says Terry Baucher.

14 December 2020

IRD PROGRAMME DELAY MAY MEAN FINANCIAL SHORTFALL

Tax consultant Terry Baucher said IRD’s systems were already under strain before Covid-19 hit.

“Covid-19 threw some unexpected demands on IR.”

31 October 2020

HOW HIGH EARNERS MIGHT AVOID NEW TOP TAX RATE

Tax experts say taxes on trusts should be raised to match the proposed new top personal tax rate

29 October 2020

IS ADRIAN ORR ABOUT TO PULL THE LVR TRIGGER?

Brian Fallow asks Terry’s views on double digit house price inflation during a recession.

14 July 2020

OPEN LETTER CALLS FOR WEALTH TAX

Terry Baucher reflects on an open letter from 83 millionaires which is asking governments to raise taxes. Signatories include Sir Stephen Tindall, Ben and Jerrys co-founder Jerry Greenfield, and Disney heir Abigail Disney.

29 June 2020

GREENS PLAN A WEALTH TAX

A Guaranteed Minimum income payment as part of a poverty action plan would be paid for by a wealth tax on millionaires in the Green Party Manifesto.

26 May 2020

UNEMPLOYED SEEK REDUNDANCY TAX REFUND

The tax system treats redundancy payments like any other source of income, but exemptions have been made before. Up until just after the Canterbury earthquakes, you could get up to $3600 tax credit against your redundancy.

16 April 2020

TAX CHANGES COMING TO PAY FOR COVID19

Tax expert Terry Baucher said he expected substantial tax changes coming. “A wealth tax is something that has been floated for some time. The Tax Working Group wasn’t really keen on the idea but needs must.”

8 April 2020

5 WAYS THE COVID 19 CRISIS COULD CHANGE OUR TAX SYSTEM

From the reemerging debate around capital gains tax to the increasing reach of tax authorities, Terry reviews the implications.

18 February 2020

TAX CUTS SIGNALLED BY NATIONAL

Terry joins The Panel to discuss Simon Bridges’ planned tax cuts if National wins the next election.

29 January 2020

REVISE TOP TAX RATE?

Our top tax rate kicks in when your earnings hit $70,000 – much lower than many other places in the world. Terry joins The Panel to explain why it’s time for a rethink.

21 January 2020

IS THE CAPITAL GAINS TAX REALLY DEAD?

Who killed the capital gains tax proposal and why? What did that decision cost us? And is it really dead or just resting?

13 January 2020

UBER IS A CASE STUDY IN OUR COMPLICITY WITH TAX AVOIDANCE

Uber stands as a poster child for the tech industry’s aggressive, and at worst frankly immoral business activities. It’s also the exemplar of why we cooperated in that loss of control.

21 October 2019

ACCOUNTANTS ANGRY AT IR ‘CONFUSING’ CLIENTS

Inland Revenue is being told to butt out and stop communicating directly with accountants’ clients. Tax consultant Terry Baucher said it was something that accountants were feeling increasingly exasperated about.

1 December 2019

TAX CRACKDOWN ON AIR BNB OWNERS

Take care if you’re one of the thousands of Kiwis using Airbnb or other online websites to rent out a home; you could be in the crosshairs of Inland Revenue.

30 October 2019

INLAND REVENUE 5 YEARS LATE ON CRACKDOWN

IRD says it would continue to use the strategy to catch operators failing to comply with tax law, but Terry Baucher says IRD has in recent years taken its “eye off the ball”

29 July 2019

LACK OF KNOWLEDGE COSTING MILLIONS IN DISPUTED TAX

Despite more super-rich earners, the amount of disputed tax has decreased from $112 million to just over $85 million in the same period.

30th October 2019

IRD 5 YEARS LATE WITH ‘BLITZ’

The Inland Revenue is late to tackle the estimated billion-dollar “hidden economy”. It could be missing $1 billion in tax revenues.

14 October 2019

KIWISAVER OVERPAYMENTS

Terry was a guest on TVNZ Breakfast being interviewed by Hayley Holt in regard to KiwiSaver overpayments.

20th May 2019

BUILDING TAX DEPRECIATION

The background and ramifications from the removal of tax depreciation on all buildings.

29 July 2019

LACK OF KNOWLEDGE COSTING MILLIONS IN DISPUTED TAX

Despite more super-rich earners, the amount of disputed tax has decreased from $112 million to just over $85 million in the same period.

21 June 2019

5 MOST IMPORTANT TAX-REFORMING FINANCE MINISTERS

The role of a finance minister is hugely important as they set the direction for an economy. Tax is a major part of any finance minister’s responsibilities…

12 May 2019

MATT NIPPERT ON CULLEN TRIAL

Quotes “Tax consultant Terry Baucher, who reviewed the published ruling on the case, said the dispute boiled down to the spirit of the law…”

30 April 2019

MINISTER OF REVENUE SPEAKS

Tax Take Event with the Minister of Revenue, Stuart Nash, Tax Working Group member Craig Elliffe & Terry Baucher, tax practitioner and member of the Small Business Council.

19 April 2019

NO PRIORITY FOR ENVIRONMENTAL TAXES

The other big Tax Working Group surprise for me is the decision to not prioritise any new environmental tax proposals for now.

18 April 2019

TAX ADVICE IGNORED

Along with no CGT, the Labour government is left with other tax headaches like what to do about sugar consumption, the environment, and tax thresholds

17 April 2019

ONE CGT TO RULE THEM ALL?

We should hear which of the Tax Working Group’s recommendations the Government proposes to implement this week.

28 January 2019

FISCAL DRAG

The trouble with Fiscal Drag as you cross a tax bracket and it’s not adjusted for inflation and so reduces your take home pay.

12 October 2018

GOVERNMENT SUBMISSION

Oral submission by video on Taxation (Annual Rates for 2018-19, Modernising Tax Administration, and Remedial Matters) Bill to Parliament’s Finance & Expenditure Committee