Posts Tagged ‘Tax’

Wealth tax and negative interest hit retired and poor Comments 0

Thursday, September 24th, 2020
retired and poor

Retired and poor New Zealanders are most likely to feel the impact of negative interest rates. Increased inequality and a worsening of the wealth gap are likely outcomes of the Official Cash Rate (OCR) falling below zero, warn ASB economists. The ASB warns that from a longer-term perspective zero interest rates could actually create wider Read more

So please: Tax us. Tax us. Tax us. It is the right choice Comments 0

Thursday, July 16th, 2020
tax

Two New Zealand rich listers are among the first signatories on a ‘Millionaires for Humanity’ letter urging governments across the world to raise the tax for the wealthy amidst the COVID-19 crisis. The Warehouse Group founder Sir Stephen Tindall and Hire Things founder Peter Torr Smith are two of 174 millionaires to have signed the Read more

Church wants tax case to go to Supreme Court Comments 0

Thursday, February 21st, 2019

The case against 20 clergy of the Congregational Christian Church of Samoa for failing to file tax returns may be heading to the Supreme Court after a motion by the defence this week. Read more Related Posts:Samoan church leaders in court on tax avoidance chargesBible in Schools case fast-tracked to High CourtArchbishop tries again to Read more

Budget harder for low income households Comments 0

Monday, October 1st, 2018

The price of crude oil has risen sharply. It will increase the cost of living, joining a range of other unavoidable purchases. For households on lower incomes, the weekly budget just got much harder. It is a good time to look closely at household budgets and seek help if the budget doesn’t balance. International crude Read more

Communist tax plan upsets religious groups Comments 0

Thursday, July 19th, 2018

A Communist Party plan to tax the compensation the state must pay religious groups in the Czech Republic is upsetting church leaders. Seventeen religious denominations – Christian and Jewish – are legally entitled to recover or be compensated for assets confiscated during the post-World War II Cold War. As the largest denomination, the Catholic church Read more

Reducing expenditure by 1 Billion will hurt the vulnerable Comments 0

Tuesday, February 24th, 2015

Reducing expenditure by $1 billion per year for the next two years will limit the Government’s ability to make much-needed social investment in areas such as housing and family poverty, says Caritas Aotearoa New Zealand in a written submission to Parliament’s Finance and Expenditure Select Committee. Caritas Director Julianne Hickey says the agency supports the Read more

Tax, the poverty gap and NZ Comments 0

Friday, May 30th, 2014

At its simplest, the groundbreaking work by French economist Thomas Piketty proves no more than what we thought we already knew: the rich get richer. Whether the poor also get poorer is another matter. What would the taxi driver who took me across Beijing last year in a Toyota tricked out with three smartphones have Read more

Bishops urge G8 leaders to consider the poor Comments 0

Friday, June 7th, 2013

Catholic bishops’ conferences in the G8 nations have urged G8 leaders “to take steps to improve nutrition, reduce hunger and poverty, and strengthen just tax, trade and transparency policies for the common good of all”. “In a world that has made great strides in improving food production and distribution, far too many of God’s children Read more

Last Supper site to return to Catholic control? Comments 0

Friday, May 31st, 2013

A long-awaited agreement between the Vatican and Israel on the status of Church institutions in the Holy Land appears to be near finality, with Israeli sources indicating that the Cenacle in Jerusalem — on the site of the Last Supper — will return to Catholic control. The same sources say that the tax status of Read more

Labour’s Louisa Wall criticises charities’ accountability Comments 0

Friday, May 24th, 2013

Labour’s charity spokeswoman, Louisa Wall, and Christchurch charity expert Dr Michael Gousmett have criticised the lack of accountability of subsidised charitable organisations. Under the existing law charitable organisations are allowed tax relief, and receive subsidies with no public benefit test holding them to account. Gousmett says that while charities must make their financial accounts publicly Read more