Episodes

  • Tax Policy Charitable Trust Scholarship co-winner Andrew Paynter on his proposal to increase GST to 17.5% with a credit for low income

    Tax Policy Charitable Trust Scholarship co-winner Andrew Paynter on his proposal to increase GST to 17.5% with a credit for low income
    Nov 22 2024
    My guest this week is Andrew Paynter, a policy advisor at Inland Revenue and co-winner with Matthew Seddon of this year's Tax Policy Charitable Trust Scholarship. The Tax Policy Charitable Trust was established by Tax Management New Zealand and its founder Ian Kuperus to encourage future tax policy leaders and support leading tax policy thinking in Aotearoa. Andrew’s proposal is to increase the rate of GST to 17.5% and introduce a GST refund tax credit for low- and middle-income individuals.
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    27 mins
  • Government's tax and social policy work programme, IRD crackdown on Student Loan debt and more

    Government's tax and social policy work programme, IRD crackdown on Student Loan debt and more
    Nov 15 2024
    This week, the Government’s tax and social policy work programme is announced, more on Inland Revenue’s crackdown on Student Loan debt, and why we might need to pay more tax
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    23 mins
  • 2024-11-11 Week in tax - a review of Inland Revenue's 2024 Annual Report

    2024-11-11 Week in tax - a review of Inland Revenue's 2024 Annual Report
    Nov 11 2024
    An in-depth look at Inland Revenue's latest report - a good year overall but rising tax and student loan debt remains an issue.
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    30 mins
  • An historic UK Budget with plenty of ramifications for Kiwis & IR's crackdown continues

    An historic UK Budget with plenty of ramifications for Kiwis & IR's crackdown continues
    Nov 1 2024
    Rachel Reeves, the first ever female Chancellor of the Exchequer delivers a UK Autumn Budget with potentially significant implications for many Kiwis and Britons who have migrated to New Zealand. Meanwhile Inland Revenue's crackdown on tax evasion continues.
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    20 mins
  • Is there a non-compliance issue with overseas income, Tax Policy Charitable Trust Scholarship & more

    Is there a non-compliance issue with overseas income, Tax Policy Charitable Trust Scholarship & more
    Oct 25 2024
    This week, surprising stats around the number of taxpayers reporting foreign investment fund income, the winners of this year's Tax Policy Charitable Trust Scholarship are announced and a preview of next week’s United Kingdom Budget
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    17 mins
  • How to fund the rising cost of superannuation, deduction notices & IRD's audit activity

    How to fund the rising cost of superannuation, deduction notices & IRD's audit activity
    Oct 17 2024
    This week notes from a joint podcast with www.interest.co.nz with Dr Andrew Coleman on his proposal for funding the rising cost of New Zealand Superannuation. Time for a KiwiSaver 2.1? Inland Revenue is consulting on deduction notices - time to rethink their use How many anonymous tip-offs each year does Inland Revenue receive and how many businesses is it auditing?
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    20 mins
  • Time for a Tax Law Commission to restore the Generic Tax Policy Process

    Time for a Tax Law Commission to restore the Generic Tax Policy Process
    Oct 10 2024
    This week my guest is Matthew Handford, a solicitor in the Mayne Wetherell tax team and another of the four finalists for this year's Tax Policy Charitable Trust Scholarship competition. The Tax Policy Charitable Trust was established by Tax Management New Zealand and its founder Ian Kuperus to encourage future tax policy leaders and support leading tax policy thinking in Aotearoa. Matthew is proposing a Tax Law Commission, independent of Inland Revenue, to restore the Generic Tax Policy Process. Under Matthew’s proposal, a TLC would have a standing mandate to systematically review the operation of New Zealand’s tax laws and make recommendations for their improvement.
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    31 mins
  • Latest OECD report on tax policy reforms, ACC crackdown, IRD & social media

    Latest OECD report on tax policy reforms, ACC crackdown, IRD & social media
    Oct 3 2024
    This week, we look at the OECD’s 2024 edition of Tax Policy Reforms, the ACC crack down on overseas earners, Inland Revenue responds to criticism of its use of social media and not only will you earn more in Australia, apparently the tax refunds are bigger, or are they?
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    26 mins