Economic benefit 'not the issue' on hotel bed tax, council says

Economic benefit 'not the issue' on hotel bed tax, council says
Hotel owners will have to start repaying the hated targeted rate if court action fails.
Brent Melville
The Auckland Council says it will resurrect its bed tax on the city’s hotels next month, despite the economic impact of covid on the sector and legal challenges to the contentious levy.The council’s Accommodation Providers’ Targeted Rate (APTR) was introduced in 2017 by Auckland mayor Phil Goff as a mechanism to fund the city’s tourism and event activity. It was suspended last April by the council on the back of covid's impact. It was then sidelined for an additional month under the city’s emergency budget...

More Law & Regulation

Calling all mediators
Law & Regulation

Bronwyn Heenan: Calling all mediators

Workers and their bosses both need to have access to timely and skilled mediators.

'Serious compliance breaches' in NZ sharemarket
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
RBNZ challenges ComCom call to review its banking capital settings
Law & Regulation

RBNZ challenges ComCom call to review its banking capital settings

The RBNZ says it has just finished reviewing capital settings and is phasing them in.

Staff reporters 23 Apr 2024
NZ promotor of global pyramid scheme convicted on five charges
Law & Regulation

NZ promotor of global pyramid scheme convicted on five charges

Investors in the 'Lions Share' scheme lost nearly $17 million worldwide.

Staff reporters 23 Apr 2024