Search results
Results from the WOW.Com Content Network
New Zealand went through a major program of tax reform in the 1980s. The top marginal rate of income tax was reduced from 66% to 33% (changed to 39% in April 2000, 38% in April 2009, 33% on 1 October 2010 and back to 39% in April 2021) and corporate income tax rate from 48% to 28% (changed to 30% in 2008 and to 28% on 1 October 2010).
2023 New Zealand budget. Budget 2023, titled " Support for today, Building for tomorrow ", is the New Zealand budget for fiscal year 2023/24 presented to the House of Representatives by Finance Minister, Grant Robertson, on 18 May 2023 as the fifth budget presented by the Sixth Labour Government. The budget was released in the midst of rising ...
Peter Mersi, Chief Executive and Commissioner. Website. www.ird.govt.nz. Inland Revenue or Inland Revenue Department (IRD; Māori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax.
The tax bracket ranges are increasing by 6.9% on average for the 2023 tax year, according to the National Association of Tax Professionals. The standard deduction is rising 6.9% or 7.2%, depending ...
Te Pāti Māori. The Sixth National Government is a coalition government comprising the National Party, ACT Party and New Zealand First that has governed New Zealand since November 2023. The government is headed by Christopher Luxon, the National Party leader and prime minister, along with coalition party leaders David Seymour and Winston ...
The average tax refund was $2,869 — up 2% from last year — based on IRS data through May 10. Overall, the IRS issued 93.94 million refunds, down 1% from the year earlier period.
Once your tax return is accepted, you can check the status of your refund within 24 hours using the IRS’ Where’s My Refund tool. Refund information is updated daily on the IRS website.
Goods and Services Tax (GST) is a value-added tax or consumption tax for goods and services consumed in New Zealand. 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 ]