We’re paying three more days’ worth of taxes than last year

We’re paying three more days’ worth of taxes than last year
Every year Baker Tilly Staples Rodway calculates Tax Freedom Day. (Image: Getty)
Spencer Smith
Normally, tax policy isn’t something the average New Zealander talks about. But over the past month, it appears that everyday New Zealanders have been vigorously debating our tax settings. With the recent report into how much our high-net-worth New Zealanders are contributing to the tax take, the conversation has tended to centre on 'fairness'. Fairness is clearly important, especially when we are staring down the barrel of a recession, which could negatively impact on the economy and the tax take. So, it also...

More Finance

Industry challenger Dosh applies to become a bank
Finance

Industry challenger Dosh applies to become a bank

If approved, Dosh would be the first fully-digital, NZ-owned bank.

Ben Moore 10 Jul 2024
Aussie businesses dip into savings
Finance

Aussie businesses dip into savings

Arrears remain low but buffers are reducing. 

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024