Property & Build New Zealand - Aotearoa's property and construction news for decision-makers
New Zealand

Taxation (Tax) Stories - Page 18

Kiwi Stories

Taxation (Tax) stories

Inland Revenue chooses US company for billion dollar update
Taxation

Inland Revenue chooses US company for billion dollar update

The Inland Revenue has partnered with US company Fast Enterprises to update New Zealand's tax and social policy administration system.

By Catherine Knowles • 3 min read • Mon, 8th Jun 2015
NZ retail sales rise, but we're not out of the woods yet
Taxation

NZ retail sales rise, but we're not out of the woods yet

The total volume of New Zealand retail sales rose 2.7% for the March 2015 quarter, which is the largest percentage increase since December 2006.

By Catherine Knowles • 2 min read • Fri, 22nd May 2015
Should the IRD scrap tax estimations?
Government

Should the IRD scrap tax estimations?

Inland Revenue is seeking feedback from business owners on whether to scrap provisional tax estimations in favour of real-time tax calculation.

By Shannon Williams • 2 min read • Thu, 16th Apr 2015
NZ government turns to $269 mln deficit in 8 months to February
Government

NZ government turns to $269 mln deficit in 8 months to February

The New Zealand government turned to a deficit in the first eight months of the financial year, although the shortfall was smaller than forecast as th.

By Pattrick Smellie • 2 min read • Fri, 10th Apr 2015
Dulux takes $15.2 million hit in IRD tax dispute
Taxation

Dulux takes $15.2 million hit in IRD tax dispute

DuluxGroup settles a long-standing tax dispute with New Zealand's IRD, taking a USD $15.2 million hit to cover provisions, including USD $8.9 million in cash.

By Pattrick Smellie • 2 min read • Tue, 7th Apr 2015
F&P Appliances see records surge in global sales, narrows full-year loss
Taxation

F&P Appliances see records surge in global sales, narrows full-year loss

Fisher & Paykel Appliances narrowed its full-year loss in 2014 after sales growth across all its markets helped drive a surge in revenue.

By Pattrick Smellie • 3 min read • Thu, 2nd Apr 2015
PAYE for NZ businesses proposed in biggest tax shake-up since 1957
Risk & Compliance

PAYE for NZ businesses proposed in biggest tax shake-up since 1957

The government is floating the idea of businesses paying their tax on a pay-as-you-go (PAYE) basis, like individual taxpayers, in the biggest proposed.

By Pattrick Smellie • 5 min read • Tue, 31st Mar 2015
Vital Healthcare 1H earnings drop 21% on bigger tax bill
Health Technologies

Vital Healthcare 1H earnings drop 21% on bigger tax bill

Vital Healthcare Property Trust, the country's biggest listed healthcare property investor, reported a 21 percent drop in first-half earnings as it fa.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015
Intueri misses annual earnings forecast on New Zealand performance
Taxation

Intueri misses annual earnings forecast on New Zealand performance

Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015
CORRECT: Suncorp posts 15% gain in first-half profit; flags potential reinsurance impact
Taxation

CORRECT: Suncorp posts 15% gain in first-half profit; flags potential reinsurance impact

Suncorp's half-year profit soars by 15%, yet cautions over potential £118m reinsurance hit from past natural disasters.

By Pattrick Smellie • 4 min read • Wed, 11th Feb 2015
IRD's Netguide Award shows government committed to make tax simple
Government

IRD's Netguide Award shows government committed to make tax simple

New Zealand's tax system is up there with the best, but it will need to evolve and adapt to meet the needs of the 21st century and an increasingly glo.

By Shannon Williams • 2 min read • Mon, 8th Dec 2014
UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain
Taxation

UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain

Metro Performance Glass, which has more than half of New Zealand's glass processing market, is on track to meet full-year prospectus forecasts as i.

By Pattrick Smellie • 3 min read • Fri, 21st Nov 2014

Global Stories

Taxation (Tax) stories

Government moves on GST threshold to help Kiwi retailers
eCommerce

Government moves on GST threshold to help Kiwi retailers

New Zealand retailers welcome proposal to lower threshold for GST on imported goods, aiming to compete fairly with foreign websites.

By Shannon Williams • 2 min read • Mon, 3rd Aug 2015
Google NZ's $371,799 tax on $14.9 million revenue
Fintech

Google NZ's $371,799 tax on $14.9 million revenue

Google faced a higher tax bill last year, but the $371,799 bill is unlikely to faze the company, which made $14.9 million in recorded revenue.

By Heather Wright • 2 min read • Wed, 8th Jul 2015
Kathmandu slows pace of store openings after first-half loss
Taxation

Kathmandu slows pace of store openings after first-half loss

Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price d.

By Pattrick Smellie • 3 min read • Tue, 24th Mar 2015
Britannia takes down TV ads, working with FMA over UK pension ads
Marketing Technologies

Britannia takes down TV ads, working with FMA over UK pension ads

Britannia pauses TV ads and adjusts its website after FMA concerns over UK pension transfer campaigns causing undue pressure on consumers.

By Pattrick Smellie • 3 min read • Fri, 19th Dec 2014
Wellington Airport posts 4.8% drop in 1H profit on fewer domestic flights
Taxation

Wellington Airport posts 4.8% drop in 1H profit on fewer domestic flights

Wellington Airport sees a 4.8% profit dip in 1H due to a drop in Auckland and Queenstown flights, despite a rise in international passengers.

By Pattrick Smellie • 2 min read • Wed, 12th Nov 2014

Stories from Other Regions

Taxation (Tax) stories