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In the fault rupture zone near Waiau, North Canterbury. Photo: @TonkinTaylor on Twitter.
Full credit to the Inland Revenue Department for telling people to look after themselves and their families first and foremost, rather than worrying about not meeting their tax obligations.
That's the message from Federated Farmers president Dr William Rolleston.
"Well done to IRD for waiving use of money interest when a person is prevented from paying on time as a result of the recent earthquakes.”
The waiver applies to all late tax payments and will run through to the end of January.
"It’s also great that IRD has announced discretions on income equalisation for farmers and fishers who are significantly affected by the earthquakes. Farmers should talk to their accountants on how to access this relief,” says Rolleston
"These tax initiatives along with other support measures announced by the Government will give quake affected people, including farmers, some much needed piece of mind.”
Federated Farmers is celebrating following the Government's announcement that young farmers will be able to use their KiwiSaver funds to buy their first home or farm.
OPINION: The euphoria over the Government’s two new bills to replace the broken Resource Management Act is over.
Canterbury arable farmers are down by tens of millions of dollars after a rollercoaster of wild changeable January weather saw harvests delayed and some crops destroyed by violent hailstorms.
OPINION: The past few weeks have been tough on farms across the North Island: floods and storms have caused damage and disruption to families and businesses.
Sheep and beef farmers in Hawke's Bay are being urged to keep a close eye on the wells that supply water to their stock.
DairyNZ says the Government’s proposed Resource Management Act reform needs further work to ensure it delivers on its intent.
Overseas Trade Minister Todd McClay says he's working constructively with the Labour Party in the hope they will endorse the free trade agreement (FTA) with India when the agreement comes before Parliament for ratification.
Donald Trump's latest tariff tantrum has again thrown the world of trade into a new round of turmoil and uncertainty, and NZ is caught up in it.
The third edition of the NZ Dairy Expo, held in mid-February in Matamata, has shown that the KISS principle (keep it simple stupid) was getting a positive response from exhibitors and visitors alike.
Twenty years ago, South African dairy farm manager Louis Vandenberg was sent to a farm in Waikato to provide training on Afimilk technology.
Strong farmgate milk price is helping boost investment on farms, says PGG Wrightson chief executive Stephen Guerin.
