Capital gains tax abandoned by Government
While the idea of CGT was only a recommendation from the Tax Working Group, it managed to gain enough steam to have almost everyone talking about it.
Both sides had valid points, but the wide range ramifications would've been detrimental to so many e.g. for those who have signed up for KiwiSaver.
This decision is a win for every New Zealander especially the poor, as they would've been the unfortunate ones that could least afford this suggested tax system.
Unfortunately, the businesses and the rich have 'escaped' yet another stake at them having to pay more taxes.
Another look at their tax rates will have to be investigated and what they are actually claiming for in their tax forms.
With the new ways that the IRD is introducing, it will be interesting to see what happens there.
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Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Suspicious Guy
Keep an eye on this guy, pretended to read the water meter, then wandered up the drive crowbar in hand when I asked what he wanted he said power and is there a dog.We have smart meters. He opened my neighbours gate (we are 3 units) and went in the back of her place with his crowbar. My son went round there and he took off. Police informed.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
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