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New Tax Bill Boosts New Zealand Economy and Supports Skilled Migration

4 days ago | 125 views

Revenue Minister Simon Watts has introduced a new tax bill in New Zealand to boost the economy, attract skilled individuals, and encourage investment. The bill aims to make the tax system fairer for migrants, digital nomads, and businesses by addressing issues like overseas income taxation and employee share schemes. These changes are designed to simplify the tax system, reduce compliance costs, and create a more conducive environment for economic growth and job creation in New Zealand.

Tags: Simon Watts New Zealand tax bill economy skilled migrants digital nomads employee share schemes tax compliance costs GST practices solar power

Sharpened focus on quality economic, population stats

2 months ago | 524 views

Statistics Minister Dr Shane Reti has today announced a major new direction for Stats NZ, replacing the traditional paper-based census and increasing the frequency and quality of economic data to underpin the Government’s growth agenda. From 2030, New Zealand will move away from a traditional nationwide census and adopt a new approach using administrative data, supported by a smaller annual survey and targeted data collection. “This approach will save time and money while delivering more timely insights into New Zealand’s population,” says Dr Reti.

Tags: Consumers Government New zealand Reserve bank Shane reti Stats nz Zealand