In case you’ve not heard, the big news this week is the start of the final season of Game of Thrones.  Oh yes, we also should hear which of the Tax Working Group’s recommendations the Government proposes to implement. Judging from media commentary over the past few weeks “Winter is coming” would not inspire as […]

Tax Working Group’s capital gains tax is scrutinised.
We find out how much tax farmers in New Zealand actually pay.
International Monetary Fund challenges Tech companies.

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 […]

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 […]

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 […]