The Taxpayers’ Union is slamming the Government’s lack of ambition when it comes to promoting growth, highlighted by the failure to implement full expensing of capital expenditure.The “Investment Boost” programme will instead allow businesses to deduct just 20 percent of the value of new assets in the year of purchase.Commenting,...
Commenting on Budget 2025’s failure to restrain New Zealand’s runaway Government debt, Taxpayers’ Union Spokesman James Ross said:“Debt is increasing every single year over the forecast period in Budget 2025, reaching $108,700 per household by 2029. That’s $2,000 more than the last forecasts issued just five months ago.”“Grant Robertson’s last...
The Taxpayers’ Union is welcoming the decision to limit access for 18 and 19 year olds who are not working or in education to Jobseeker Support and Emergency Benefit, but is questioning why this change isn’t being implemented until July 2027.Taxpayers’ Union Spokesman James Ross asks:“Getting teenagers off the couch...
The Taxpayers’ Union is slamming the Government’s decision to expand the rates relief regime for SuperGold cardholders, describing it as a ‘bailout for wasteful councils’.Taxpayers’ Union Spokesman, James Ross said “Instead of forcing local councils to live within their means, Simon Watts has caved to the pressure from Local Government...
The New Zealand Taxpayers’ Union is slamming Budget 2025 as a waste of time and hype, with its team of analysts in this year’s Budget left asking ‘is that it?’"Nicola Willis has failed,” says Taxpayers’ Union Spokesman Jordan Williams. “This Budget could easily have been delivered by Grant Robertson."“Willis promised...
The Taxpayers’ Union is welcoming Revenue Minister Simon Watts’ announcement that the proposed Digital Services Tax Bill will be scrapped, but warns that adopting a global alternative could still leave taxpayers even worse off.Taxpayers’ Union Spokesman James Ross said:“The Digital Services Tax would inevitably have ended up taxing Kiwis by...