Tag: taxation
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Federated Farmers Call for Rejection of 'Ute Tax 2.0'
Federated Farmers is urging Revenue Minister Simon Watts to dismiss proposed changes to the Fringe Benefit Tax (FBT) concerning utes, vehicles widely used by farmers in New Zealand. According to Federated Farmers, these changes could impose thousands of dollars in…
Politics and GovernmentBusinessAgricultureEconomyFederal GovernmentTrade Federated FarmersSimon WattsFringe Benefit TaxFBTUte TaxTaxationFarm
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New Zealand Scraps Digital Services Tax Bill
The Government has decided to discharge the Digital Services Tax Bill from the legislative programme, according to Revenue Minister Simon Watts. The Digital Services Tax Bill, introduced in 2023 by the previous Government, aimed to address taxation challenges posed by…
Politics and GovernmentBusinessEconomyTradeFederal Government Digital Services Tax BillSimon WattsOECDTaxationRevenueGovernment