Taxes

Issue with NZ's tax system isn't 'where bands sit', Parker says as Nats push for inflation adjustment

He says the main issue is the income not currently being taxed.

Cheapest petrol stations in some of NZ's biggest cities as prices climb

Even with the Government's fuel excise tax cut, prices have risen back towards or above $3 per litre.

Ex-business chief would 'probably go for' introducing a sugar tax in NZ

It comes after researchers found a 15 percent drop in fizzy drink sales across 12 countries that have sugar taxes.

Even if next week's budget avoids the issue, it's time NZ seriously considered a wealth tax

The discussion inevitably comes back to fairness.

'There's no limit': Petrol boss warns gas could hit $3.50 a litre as prices continue upwards march

"Anything over $3.50 a litre wouldn't be a surprise to me."

Nicola Willis won't say if National could support ACT's policy ideas in government

Part of ACT's plan is abolishing the Ministry for Women, Ministry of Māori Development and Ministry for Ethnic Communities.

Tax intake $2.7bn above forecast as pressure builds on Government to give inflation relief

The latest Newshub-Reid Research poll showed nearly 70 percent of Kiwis want tax cuts.

Newshub poll: Overwhelming majority want tax cuts in Budget 2022

Grant Robertson, open your cheque book.

Newshub poll: Majority of Kiwis want GST removed from food

Newshub has new poll results.

Wealth tax U-turn? Ardern denies changing position as Opposition goes on attack

Jacinda Ardern previously ruled it out while she's Prime Minister.

Ardern says wealth tax not her policy after being accused of 'readying for mother of all flip-flops'

She says nothing has changed.

Watch: Prime Minister speaks at post-Cabinet presser

Watch the video here.

Luxon 'really concerned' about Ardern's tax plans, emphasises need for 'results' in pre-Budget speech

However, he didn't reveal any new specific policy.

Do you think New Zealand should have a wealth tax?

Have your say here.

Ardern says parts of NZ's tax system are unfair, refuses to rule out wealth tax

"You're asking me to project into the next election and beyond. I am not going to do that."

ACT dubs Govt tax probe 'tall poppy syndrome witch hunts' designed to 'strip Kiwis of money'

The Government is focused on "taxing, redistributing and dividing", the ACT Party leader believes.

'You can't take the politics out of tax': Parker says Labour has no plans for tax reform before election

He said attaining data on the level of tax paid by high-income earners would be key to any future political debate on tax reform.

Government accused of 'planting the seed for increased taxation' with new proposed law

"Introducing more legislation and regulations will only create more bureaucracy."

Revenue Minister's investigation into tax share of top earners slammed as 'waste of time' during university Q&A

A man slated Labour for ignoring advice to introduce a capital gains tax.

Watch: Revenue Minister delivers speech on 'unfairness in tax system'

The Revenue Minister speaks at Victoria University in Wellington.

Cheaper food comes with other costs: Why cutting GST isn't the answer

"The price we have been paying for our food does not represent its true cost to the planet and to our health."

IRD thinks high earners subject to new tax bracket might be shifting money around to reduce tax bill

"When some taxpayers can structure to avoid the 39 percent rate, it will erode public confidence in the integrity of the tax systems and the feeling that all taxpayers are treated fairly."

Finance Minister admits tax-free zone on low income would help with cost of living

But Grant Robertson says the Government promised not to make "major tax changes this term".

Petrol prices remain over $3 at large number of stations despite fuel tax cuts

Are you getting the best bang for your buck after the Government slashed 25c off?

How much motorists will save after Government's fuel tax reduction

"We are in the midst of a global energy crisis."

Luxon's income tax reduction if he becomes PM revealed

National plans to scrap the 39 percent tax bracket and lift the income tax brackets.

PM mocks Luxon's proposed $2 extra a week for $40k earners but pressure mounts to admit 'cost of living crisis'

It comes as National denies Labour's claim of errors in its tax cut policy.

Business leader backs Luxon's proposal to scrap all Labour-introduced taxes

National's Christopher Luxon zeroed in on the cost of living in his speech on Sunday.

'Short-sighted and lacking ideas': PM fires up after Luxon dubs income insurance scheme a 'job tax'

"Why is she proposing a brand new jobs tax under the guise of income insurance?"

'Sophisticated methods': UK authorities seize NFTs as part of $3m fraud

The seizure is a "warning to anyone" who thinks they can hide money.