Issues paper on GST integrity open for feedback - Nash

Inland Revenue has released an issues paper on how to align an aspect of GST with international best practice and principles. Revenue Minister Stuart Nash is encouraging interested parties to make submissions by 28 June.

More than two million logins to new tax system - IRD

Customers have logged into the new myIR more than two million times since one of the largest data migrations undertaken by a New Zealand government agency.

Taxpayers 'get a smarter and fairer system'

One of the biggest IT projects ever undertaken in the state sector has successfully cleared its latest hurdle with the transition of more than 19.7 million taxpayer accounts from one Inland Revenue computer system to another.

IRD: Prison for tax evasion to fund gambling debt

A Christchurch businessman who lost just over $895,000 gambling has been sentenced to three years imprisonment after pleading guilty to tax evasion charges.

Govt responds to Tax Working Group report - Robertson and Nash

The Coalition Government today released its response to the recommendations of the independent Tax Working Group report.

The report found that on the whole New Zealand’s tax system was working well, but made a number of recommendations to improve fairness, balance and structure.

IRD to shut down services later this week

The tax system is about to close for a week as Inland Revenue implements its biggest changes in 20 years.

More than 1000 sign pro-Capital Gains Tax petition and climbing

Tax Justice Aotearoa New Zealand and supporters have been heartened by positive responses to the launch of its first campaign in support of overdue tax reform - including the call to introduce a capital gains tax.

Use GST to fund local government tourism activities - TIA

Tourism Industry Aotearoa is recommending the Government provides local government with a 20% share of the GST paid by international visitors to help fund regional tourism activities and infrastructure.

'Visitor levy referendum opens door to bold regional policy making'

The announcement of a referendum to gauge public support for a Queenstown visitor levy is welcomed by LGNZ, who noted the town’s exceptional challenges, where a population of 28,000 people provide infrastructure for over three million visitors a year.

Capital gains tax plan not geared for capital losses

The fact that the Tax Working Group wants to ring-fence capital losses shows that they haven’t come to grips with how a proposed capital gains tax would work when assets are losing value, Tenancies War spokesman Mike Butler said today.