Displaying items by tag: tax

Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.

A tax advisory specialist is hailing a 20% tax deduction to spur business asset purchases as a golden opportunity for agribusiness.

On the same day that the protesters against David Seymour’s Treaty Principles Bill marched on Parliament in Wellington, on the other side of the world, UK farmers were also marching on London.

Former Prime Minister John Key says imposing another tax on farmers now for greenhouse gas emissions won’t achieve much.

Farmers are working hard to help the environment, but the ‘quoted experts’ need to work hard too, explains Greg Jarratt, vet and director of Matamata Veterinary Services. 

The Government's decision not to proceed with a capital gains tax has been approved by farmers. 

Tax implications for farmers receiving big Mycoplasma bovis compensation payments is one of the issues farmers are raising in meetings now underway NZ-wide.

Federated Farmers is calling on the Government to reject most of the raft of new taxes proposed by the Tax Working Group (TWG).

Any changes to the tax system should better support the productive dairy sector and not hinder environmental work, says DairyNZ.

A significant number of lifestyle block owners may have to pay a capital gains tax on their family home, warns the Real Estate Institute of NZ.