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In 2021-22, Inland Revenue collected $100.6 billion in tax revenue, [6] which helped pay for the services that all New Zealanders benefit from such as social security and welfare, health and education. Other services included law and order, housing and community development, environmental protection, defence, transport, and heritage, culture ...
Freeview is New Zealand's free-to-air television platform. It is operated by a joint venture between the country's major free-to-air broadcasters – government-owned Television New Zealand and Radio New Zealand , government-subsidised Whakaata Māori , and the American-owned Warner Bros. Discovery .
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]
Penny and Hooper ([2011] NZSC 95) [1] was a landmark taxation case in New Zealand that reached the Supreme Court of New Zealand, which was a major victory for the Inland Revenue Department (IRD) on the issue of tax avoidance.
Veterans' Affairs New Zealand (Te Tira Ahu Ika a Whiro) (semi-autonomous body) Office of the Clerk of the House of Representatives (Te Tari o te Manahautū o te Whare Māngai) Reporting Services (Hansard) Parliamentary Counsel Office (New Zealand) (Te Tari Tohutohu Paremata) Parliamentary Service [7] [3] (includes the Parliamentary Library)
It is estimated that Freeview is in 12.6% of New Zealand homes (roughly 420,000 people). [20] This makes it New Zealand's third largest television platform, and New Zealand's second largest digital platform. Freeview-certified set-top boxes and PVRs are available at most major New Zealand retailers. Cheaper, uncertified equipment can also be used.
The Act established a consumption tax in New Zealand, originally set at 10%, but subsequently raised to 15%. GST is a tax of 15% on all goods, services and other items sold or consumed in New Zealand. Individuals become liable to pay GST when their annual turnover exceeds NZ$60,000 in any 12-month period. [1]
Due to a change in income tax rates from 1 October 2010 (mid tax year), the FBT rates for 2011 are blended for the year. Single rate option – 61% for Q1-Q2, 49.25% for Q3-Q4 [3] Alternate rate option – 49% or 61% for Q1-Q2, 43% or 49% for Q3, Alternate rate calculation in Q4 [3]