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On 12 July many New Zealanders were stunned by Prime Minister Chris Hipkins’ unexpected announcement (called a ‘Captain’s Call’) that there would not be a capital gains or wealth tax on his watch: Prime Minister Hipkins rules out wealth and capital .

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Election 2023 – The Wellbeing Budget for Māori

Election 2023 – The Wellbeing Budget for Māori
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Bill ensures ongoing reporting on tax system fairness

Bill ensures ongoing reporting on tax system fairness
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Bill Ensures Ongoing Reporting on Tax System Fairness

Bill Ensures Ongoing Reporting on Tax System Fairness
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Wealthiest New Zealanders pay 8 9% effective tax rate due to untaxed capital gains, IRD report finds

Revenue Minister David Parker says IRD survey showing wealthy kiwis pay significantly lower tax rate than middle-income families will enable future discussions on tax policy to be based on solid evidence

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