Stewart & Co Blog
Yesterday the New Zealand Government made the 2016 Budget announcement. Many have commented that this was a very safe budget with not much to discuss. On the whole more funds are being put into core services such as health and education which is of benefit to all New Zealanders.
On the tax front there was very little to say. The pay-as-you-go option for small businesses which we mentioned in our earlier blog was confirmed along with the reduction in use of money interest and penalty charges. However, no tax cuts were announced this year and there was also no mention of introducing a land tax. Read more…
What this means for you: Read more…
On 13 April 2016, the Government announced a number of tax changes. The changes are a continuation of IRD's plan of tax simplification and are likely to have a positive impact on many taxpayers. The biggest changes are as follows: Read more…
