Articles tagged with Revenue
Government Introduces Land Transport Bill for Fairer Funding System
2 hours ago | 32 viewsThe Land Transport (Revenue) Amendment Bill aims to create a fairer and more modern transport funding system by implementing changes to road user charges and tolling frameworks. Transport Minister Chris Bishop highlights the importance of fairness in road user contributions and the need for a stronger tolling system to support major road projects. The Bill also focuses on modernizing the outdated Road User Charges (RUC) system by introducing new payment models and in-vehicle technology, with plans to transition light petrol vehicles to RUC in the future.
Tags: Government Land Transport Revenue Amendment Bill Transport Minister Chris Bishop tolling system Roads of National Significance RUC system New ZealandEden Park Planning Restrictions Costing Millions: Public Feedback Invited for Proposed Changes
1 week ago | 125 viewsThe Government released an investigative report revealing that Eden Park's planning restrictions may be causing significant economic losses and job reductions, prompting calls for public feedback on proposed changes. The report highlights how current rules are hindering Eden Park's ability to contribute to Auckland's economic growth by imposing strict limits on events and activities. Recommendations include expanding event uses, increasing concert allowances, and implementing noise standards, with a public consultation process underway until November 19, 2025 to gather feedback for potential rule changes aimed at boosting local jobs and economic growth.
Tags: Eden Park planning restrictions lost revenue RMA Reform Minister Chris Bishop economic growth local planning rules public feedback events tourism sectors consultation.New FamilyBoost Scheme Expands Eligibility and Refunds for Kiwi Families
1 month ago | 195 viewsThe Government has expanded the FamilyBoost scheme to provide more help with early childhood education (ECE) costs for Kiwi families, allowing households with incomes up to just under $230,000 to claim back 40% of their ECE costs, up to $300 a week. Finance Minister Nicola Willis encourages eligible families to check their eligibility on the Inland Revenue website and apply for the increased refunds. The Income Tax (FamilyBoost) Amendment Act increased the proportion of ECE fees families can claim, with an increase in the maximum amount families can claim per week and an expanded household income limit for eligibility.
Tags: Nicola Willis FamilyBoost ECE early childhood education Government Finance Minister households eligibility refunds Inland RevenueParliament Passes Bill for Fairer and More Effective Revenue Collection on Imported and Exported Goods
1 month ago | 236 viewsParliament has passed the Customs (Levies and Other Matters) Amendment Bill, aiming to enhance revenue collection on imported and exported goods. The bill introduces a levy regime to recover Customs' goods management costs, allows for the collection of product stewardship fees, and streamlines the process for seeking GST refunds on returned imported goods. Customs Minister Casey Costello emphasizes that the bill does not change existing charges or introduce new ones, highlighting the importance of spreading costs across importers through a levy regime.
Tags: Customs Minister Casey Costello Parliament revenue collection imported goods exported goods Customs legislation product stewardship fees waste minimisation legislation GST refunds levy regimeEnhanced FamilyBoost Program to Benefit Thousands of Households with Early Childhood Education Costs
1 month ago | 223 viewsStarting next month, tens of thousands of households will receive increased support for early childhood education through the expanded FamilyBoost scheme, as announced by Finance Minister Nicola Willis. The legislation for the expanded ECE support scheme has passed through Parliament, with Labour reversing its position to support the enhanced FamilyBoost. Changes include increasing the proportion of ECE fees families can claim from 25 to 40 percent, raising the household income limit for FamilyBoost, and making about 21,000 more households eligible for assistance.
Tags: Nicola Willis FamilyBoost ECE households Labour scheme entitlement Income Tax Act Inland RevenueFamilyBoost Program Enhancements Bring Financial Relief to Thousands of Households
4 months ago | 783 viewsTens of thousands of households will be better off thanks to changes being made to FamilyBoost to help families with the cost of living, Finance Minister Nicola Willis says. “From the start of this month, families will get larger FamilyBoost rebates on the early childhood education fees they pay, with rebates increasing from 25 per cent to 40 per cent of weekly fees, and those with household incomes of up to $229,000 now eligible to apply. “This means for example that a family with early childhood fees of $100 a week could have their weekly FamilyBoost payment increased from $25 a week to $40 a week, meaning their annual payments would increase from $1,300 to $2,080 over the course of a year, making them hundreds of dollars better off.
Tags: Finance Minister Nicola Willis FamilyBoost households families cost of living early childhood education rebates scheme Inland RevenueActing Prime Minister Congratulates Hugh Jackson, 2025 FMG Young Farmer of the Year
4 months ago | 828 viewsThe Acting Prime Minister has extended warm congratulations to Hugh Jackson on being crowned the 2025 FMG Young Farmer of the Year. “Last night I was lucky enough to attend the Young Farmer of the Year grand final in Invercargill. It was a brilliant event, celebrating the future of farming and showcasing their expertise, leadership, and passion for agriculture,” says Mr Seymour.
Tags: Hugh Jackson Seymour Young Farmer of the Year Invercargill Waikato Bay of Plenty Epsom New Zealand agriculture farming export revenue