Kiwi households are saving more than at any time since 1995 according to the latest national accounts. http://www.beehive.govt.nz/release/household-savings-rate-positive-five-years The flip side is with low inflation and lower consumption the Government's GST take is...
Iain Blakeley
Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable NZ First
Election 2014 – your GST vote
This weekend's New Zealand general election offers some choice in GST policy. So, if you're a GST geek like me you might be swayed by what the different parties intend doing about GST. Here's what I've been able to find out about some of the main parties' GST...
Fat taxes have support
A NZ Herald/Digi Polls finds support for fat taxes: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11298134 To have any real behavioural impact a fat tax needs to be at least 20%: http://iainblakeley.com/tag/fat-tax/ Iain
NZ First GST policy
Removing GST from food is back on the political agenda thanks to Winston Peters' announcement yesterday. Recent calls for GST free food have focussed on the health aspects. This doesn't seem to be a prime motivator for NZ First but it does appear the policy would not...