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Goods and services tax (GST) is an indirect tax introduced in New Zealand in 1986. This represented a major change in New Zealand taxation policy as until this point almost all revenue had been raised via direct taxes. GST makes up 24% of the New Zealand Government's core revenue as of 2013. [37]
GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [1] It normally makes up around 30% of tax revenue in New Zealand. [2] The rate for GST, effective since 1 October 2010 is 15%. [3] This 15% tax is ...
In 2020, Inland Revenue delivered a change to the revenue system for individuals where every taxpayer account for income tax, Working for Families, KiwiSaver, student loans and the end-to-end processing of PAYE moved into Inland Revenue’s new tax and revenue technology system. The department administers the following social support programmes:
New Zealand FBT rates are determined by grossing up personal income tax rates. As such, FBT rates are updated when personal income tax rates are changed. 2011 FBT (1 April 2010 – 31 March 2011)
The Holidays Act 2003 is an Act of Parliament in New Zealand that regulates public holidays. It was amended by the Holidays (Transfer of Public Holidays) Amendment Act 2008 and the Holidays Amendment Act 2010.
Bank holidays in New Zealand originated with a celebration of St Andrew's Day in 1857. [2] Nationwide public holidays began with the Bank Holidays Act 1873, which was based on the UK Bank Holidays Act 1871. Initially there was some resistance to it. [3] Anniversary days celebrated, from as early as 1843, the first arrivals of settlers in each ...
An all-inclusive resort is a holiday resort that generally includes, in the price of booking a stay, lodging, unlimited food and drink, alcoholic drinks, entertainment, and other recreational activities like sports or watersports. [1] They are often located in warmer regions of the world, particularly in the Mediterranean, Mexico and the Caribbean.
Inland Revenue Department may refer to the following government departments responsible for taxation: Inland Revenue Department (Hong Kong) Inland Revenue Department (Nepal) Inland Revenue Department (New Zealand) Inland Revenue Department (Sri Lanka), housed in Clan House, Galle
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