CGT decision strengthens confidence in tax system BusinessNZ has congratulated the Government for its decision not to proceed with a capital gains tax.Chief Executive Kirk Hope said the proposed tax would have hit businesses hard, reducing funds available for...
Voter concerns over capital gains tax A Reid Research poll commissioned by BusinessNZ has found significant voter concerns about a capital gains tax.The poll, conducted in mid-March, asked whether respondents supported a capital gains tax on property, business assets,...
$5 billion additional costs from capital gains tax BusinessNZ has released an analysis of additional costs to the economy that would accompany the direct costs of New Zealand’s proposed capital gains tax.It shows compliance costs of $1.6 billion, administrative...
Engagement with business Greater integration with the world economy will reap dividends for New Zealand business, the Prime Minister told business leaders today.Addressing the BusinessNZ economic update meeting in Auckland this morning, Prime Minister Jacinda Ardern...
Survey shows room for improvement in the way NZ taxes business Survey shows room for improvement in the way New Zealandtaxes business BusinessNZ-Deloitte Major Companies Tax Survey reportidentifies ten measures for a world class tax systemWhile New Zealand'stax system...
Electronic filing for compliance reduction BusinessNZ welcomes the work being done to enable businesses to move from paper to electronic filing of PAYE. The Government has announced will introduce legislation next year to require electronic filing in 2019.Employers...
New Zealand’s services sector experienced a softening in expansion across all main indicators, according to the BNZ – BusinessNZ Performance of Services Index (PSI).
Activity in New Zealand’s manufacturing sector picked up in September, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
Spring is in the air Spring is in theair Thereis a distinct spring in the step of the New Zealand economy, with nearly allindicators pointing to continued expansion, according to the BusinessNZPlanning Forecast.BusinessNZChief Executive Kirk Hope says indicators...
New Zealand’s services sector experienced an increase in expansion across all main indicators, according to the BNZ – BusinessNZ Performance of Services Index (PSI).