The Taxation (Annual Rates and Budget Measures) Bill was tabled in Parliament this afternoon by Revenue Minister Peter Dunne. The bill introduces changes to KiwiSaver and Working for Families announced
Month: May 2011
KiwiSaver cuts ‘affordable for most’
The Government says most workers and employers will be able to afford the larger KiwiSaver contributions announced in today’s budget, but there are also warnings that the scheme’s compliance costs
[IRD] [taxpolicy] Budget 2011 tax announcements
Budget 2011 announced changes to KiwiSaver, Working for Families and Student Loans. The proposed changes to these schemes are intended to make the schemes more sustainable. Also announced were
Govt cuts KiwiSaver tax credit
Prime Minister John Key this morning confirmed his Government will reduce KiwiSaver’s Member Tax credit – the 2 per cent subsidy the Government pays to savers in the scheme –
Nelson employer stung for underpaying workers
A Nelson employer has been stung for more than $30,000 for underpaying his workers. The Employment Relations Authority found Bun Thuon Lam, a horticultural labour contractor, failed to pay five
[IRD] [taxpolicy] Earthquake bill tabled
Revenue Minister Peter Dunne today tabled a bill aimed at providing earthquake relief through the tax system. The bill provides businesses with exemptions from tax and gift duty for trading
[IRD] Agents Answers – May 2011 * Return and payment extensions of time – Christchurch earthquakes
In this issue you can read about help with lost or destroyed records after the Canterbury earthquake, return and payment extensions of time, transferring your tax credit to the Christchurch