web analytics

capital gains

Categories under capital gains

  • No categories

National tacks right

Written By: - Date published: 3:35 pm, August 26th, 2019 - 44 comments

National has released its economic policies for the next 12 months and they have a decidedly backward feeling about them.

Should the Government spend massively more?

Written By: - Date published: 3:18 pm, August 8th, 2019 - 58 comments

With yesterday’s announcement by the Reserve Bank to cut interest rates by 1%, some are suggesting that the government should embark on a massive public works spree to stimulate the economy while increasing national debt at low interest rates.  But Kiwisaver reform may be more effective.

Jacindamania

Written By: - Date published: 8:01 am, July 28th, 2019 - 138 comments

Despite the babies and the engagements, maybe it’s time to ditch the default Jacindamania.

About the CGT decision

Written By: - Date published: 8:06 am, April 18th, 2019 - 232 comments

With the benefit of hindsight the decision not to proceed with a capital gains tax was almost inevitable.

CGT Dumped

Written By: - Date published: 2:08 pm, April 17th, 2019 - 244 comments

The Government has announced that there will be no Capital Gains Tax. It’s a shame, but it’s good politics.

Support Tax Fairness Reform

Written By: - Date published: 12:15 pm, April 9th, 2019 - 16 comments

The Tax Justice Network has started a campaign to gain support for taxing capital as income to support and improve our public services. If you would like to support the campaign, you can sign the petition here or donate here. All funds donated will go to the campaign advertising.

Astroturf organisation accuses Tax Justice Aotearoa of being an astroturf organisation

Written By: - Date published: 12:13 pm, April 8th, 2019 - 18 comments

The Taxpayer’s Union (not a real union) has hit peak irony by accusing another organisation of being an astroturf organisation.

Tax Justice Aotearoa starts campaign in support of CGT

Written By: - Date published: 7:46 am, April 8th, 2019 - 168 comments

Tax Justice Aotearoa has started a public campaign in support of a capital gains tax.

We need more than capital gains tax to address inequality

Written By: - Date published: 2:41 pm, March 25th, 2019 - 46 comments

The most important comment in the Tax Working Group’s Final Report is that even the reasonably comprehensive capital gains tax proposed is likely to have only a minor impact on addressing inequality — what is needed is a more progressive income tax system that lifts the top marginal tax rate 

Landlord advocates threatening rent increases if Labour wins next election

Written By: - Date published: 8:05 am, March 11th, 2019 - 288 comments

A landlord has advocated that all landlords should threaten to increase tenant’s rentals if Labour wins the next election.

The tax debate – Dogwhistle time

Written By: - Date published: 8:07 am, March 7th, 2019 - 111 comments

National has resorted to race baiting in its attempt to denigrate the Tax Working Group’s proposed capital gains tax.

National’s Tax review strategy

Written By: - Date published: 11:22 am, March 5th, 2019 - 107 comments

The Government is not due to announce its response to the Tax Working Group’s recommendations for a few more weeks. It appears that National using outrageous assumptions will take the opportunity to raise horror stories in the media on how bad the tax could be.

MAFS National Style*

Written By: - Date published: 10:32 am, March 3rd, 2019 - 61 comments

National is grooming the voters for another dirty ACT.

Lies damn lies and tax analysis

Written By: - Date published: 1:21 pm, March 2nd, 2019 - 67 comments

National’s claim that a capital gains tax would reduce the value of an average worker’s Kiwisaver account by $64,000 over a 45 year working life seems to be as valid as Steven Joyce’s claim there was an $11.5 billion dollar hole in Labour’s draft budget.

CGT as a Charitable Donation

Written By: - Date published: 12:44 pm, March 2nd, 2019 - 31 comments

Treat CGT like a semi-voluntary donation and give people a say in how it is spent.

Why New Zealand needs a capital gains tax

Written By: - Date published: 9:16 am, February 27th, 2019 - 249 comments

Expert comment suggests that a capital gains tax will redress inequality, improve the economy and make housing more affordable.

‘Taxpayers union’ – too ‘stupid’ to understand tax?

Written By: - Date published: 9:30 am, February 26th, 2019 - 59 comments

There is a classic piece of waffle in the NZ Herald about when capital gains tax will apply to the family home. But the conditions when this applies are extremely simple and obvious. However professed experts on taxation like the so-called ‘taxpayers union’ can’t understand them. Probably because they are paid not to.

Spare a thought for our poor impoverished landlords

Written By: - Date published: 8:17 am, February 25th, 2019 - 225 comments

Spare a thought for poor landlords who are aghast at the thought that they should have to share capital gains on properties they have purchased with no intent of making a capital gain.

It’s the kiwi way

Written By: - Date published: 8:41 am, February 22nd, 2019 - 74 comments

National is engaging in hysterical levels of hyperbole in its response to the Tax Working Group’s reform package.

In defense of taxing the family home

Written By: - Date published: 7:53 pm, February 21st, 2019 - 129 comments

Let’s talk about why houses, art, and basically everything should be in the new Capital Gains Tax that Labour and New Zealand First should get onboard with, contrary to their reservations.

The Tax Working Group proposals

Written By: - Date published: 12:38 pm, February 21st, 2019 - 339 comments

The Tax Party working group’s recommendations have been released.

National and its no tax promises

Written By: - Date published: 1:51 pm, November 27th, 2018 - 38 comments

National have got out the old “no new taxes” songbook and are singing it as loudly as they can.

Tax Working Group report depressing reading

Written By: - Date published: 6:10 pm, September 21st, 2018 - 66 comments

The Tax Working Group says the gaping holes in our tax system make it unfair and undermine its integrity, but the prospect of the electorate embracing even its limited recommendations on taxing capital gains make for depressing contemplation.

Cullen says 2020 election effectively a referendum on tax

Written By: - Date published: 1:20 pm, March 7th, 2018 - 32 comments

Don’t hold your breath for recommendations of radical tax reform from the Tax Working Group. Chair Sir Michael Cullen says the 2020 election will be a referendum on tax and he is already kicking for touch

Tumbleweeds from National on the Tax Working Group

Written By: - Date published: 12:37 pm, December 21st, 2017 - 40 comments

A month ago Labour announced that Sir Michael Cullen would chair the tax working group and the National Party was cock-a-hoop! Steven Joyce said: “Sir Michael is many things but a politically independent voice on taxation policy he is not,” Judith Collins had fun with it too, in her regular spot on Newshub she dubbed […]

IMF: higher taxes for rich will cut inequality and won’t hurt growth

Written By: - Date published: 12:30 pm, October 14th, 2017 - 104 comments

The International Monetary Fund (IMF) says it now favours higher taxes on the rich and has demolished the myth this might adversely affect economic growth. The authoritative Washington-based think tank in its influential half-yearly monitor also argued for taxes on capital, suggesting a wealth and/or land taxes should be considered, something that will make Gareth […]

Labour won’t regain power until it wins the tax debate

Written By: - Date published: 4:36 pm, September 25th, 2017 - 178 comments

Labour didn’t deserve to win on Saturday because, firstly, because it failed to bring a fully-fleshed tax policy to voters, and, secondly, it never attempted to win the ideological battle over tax. To succeed at the next election, Labour must begin work today to frame this debate.

Lets talk about tax policy

Written By: - Date published: 8:29 am, September 14th, 2017 - 282 comments

Tax is emerging as the big issue of this campaign.  How valid are National’s claims that Labour will introduce a variety of new taxes and what has National’s record been like?  Update: in a smart tactical move Labour has promised no new taxes will be introduced until after the next election.

The actual implications of a Capital Gains Tax

Written By: - Date published: 1:38 pm, September 4th, 2017 - 109 comments

Matthew Whitehead looks at what the Greens, Labour and National really mean when they talk about a CGT.

Ardern cautious on capital gains tax

Written By: - Date published: 7:04 am, August 23rd, 2017 - 146 comments

Jacinda Ardern will not campaign on a capital gains tax, but will seek advice and will not rule it out in a first term. The Nats have introduced a week form of CGT already. A more robust version needs serious consideration.

Greens will finally close property speculators’ tax loophole

Written By: - Date published: 11:24 am, August 22nd, 2017 - 71 comments

The Green Party in government will end the tax advantages property speculators currently enjoy under National by implementing a comprehensive tax on capital gains

Recent Comments

Recent Posts

No feed items found.

  • Government to deliver family carers $2000 pay rise, expand scheme to spouses this year
    The Coalition Government is delivering this year the changes to Funded Family Care the disability sector has long-asked for, says Associate Minister of Health Jenny Salesa. “Today we are announcing the details of our big changes to Funded Family Care, including an annual average pay boost of $2,246.40 for funded ...
    BeehiveBy beehive.govt.nz
    3 hours ago
  • Ko te reo kua mū: Piri Sciascia
    Minister for Māori Development Nanaia Mahuta joins te ao Māori in their sorrow as they learn of the loss of one of the great orators and spokespersons of a generation – Piri Sciascia.  “The son of Pōrangahau was a staunch advocate for Māori development and served his people for over ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Minister opens new ecosanctuary at Cape Farewell
    A new ecosanctuary with a predator proof fence on Golden Bay’s Cape Farewell, which will restore a safe home for sea birds, rare native plants, giant snails, and geckos, was officially opened today by the Minister of Conservation Eugenie Sage. “There has been a fantastic community effort supported by the ...
    BeehiveBy beehive.govt.nz
    22 hours ago
  • Pacific partners work together to provide additional support to Australia
    The NZDF continues to support the Australian Defence Force (ADF) as it battles fires in Victoria and New South Wales, including by transporting Republic of Fiji Military engineers from Nadi to Australia, announced Defence Minister Ron Mark. On Saturday morning a NZDF Boeing 757 will depart New Zealand to uplift ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Kaikōura $10.88 million boost in tourism & business
    The Provincial Growth Fund (PGF) is investing $10.88 million to boost business and tourism opportunities in Kaikōura, Parliamentary Undersecretary for Regional Economic Development, Fletcher Tabuteau announced today. As part of the Kaikōura Marina Development Programme, the following two projects will receive PGF funding: A $9.88 million investment to begin the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt accounts in surplus, debt remains low
    The Government’s books are in good shape with the accounts in surplus and expenses close to forecast, Finance Minister Grant Robertson says. The Treasury today released the Crown accounts for the five months to November. The operating balance before gains and losses (OBEGAL) was above forecast by $0.7 billion resulting ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Auckland focus for first Police graduation of 2020
    The number of Police on the Auckland frontline is increasing with the graduation today of a special locally-trained wing of new constables. Police Minister Stuart Nash says the graduation of eighteen officers from Recruit Wing 333-5 means that more than 1900 new Police have been deployed since the Coalition Government ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Wairarapa gets $7.11m PGF water boost
    The Provincial Growth Fund is putting $7.11 million into creating a sustainable water supply for Wairarapa, Parliamentary Under-Secretary for Regional Economic Development Fletcher Tabuteau announced today. The following two projects will receive Provincial Growth Fund (PGF) funding: A $7 million investment in Wairarapa Water Limited for the pre-construction development of ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Progress with new Police station in Mahia
    Community safety and crime prevention in the East Coast community of Mahia has moved forward with the opening of a new Police station to serve the growing coastal settlement. Police Minister Stuart Nash has officially opened the new station, which was relocated almost 20 kilometres along the coast from the nearby ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Plans to protect the future of whitebaiting announced
    With several native whitebait species in decline the Minister of Conservation Eugenie Sage has today released proposals to standardise and improve management of whitebait across New Zealand. “The need for action for a healthy whitebait fishery has never been greater,” Eugenie Sage said.  “Four of the six whitebait species are ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New resource for schools to increase awareness and understanding of climate change
    A new Ministry of Education resource available for schools in 2020 will increase awareness and understanding of climate change, Education Minister Chris Hipkins said today. “The resource, Climate Change – prepare today, live well tomorrow, will help students understand the effects of climate change at a local, national and global ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Getting more out of our most productive firms
    Finance Minister Grant Robertson has approved the terms of reference for an Inquiry into the economic contribution of New Zealand's frontier firms. Frontier firms are the most productive firms in the domestic economy within their own industry. “These firms are important as they diffuse new technologies and business practices into ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZDF sends more support to Australia
    The New Zealand Defence Force (NZDF) is sending an Environmental Health Team, a Primary Health Care Team and a Chaplain to Australia, boosting New Zealand support for the Australian Defence Force (ADF) as it battles bush fires in Victoria and New South Wales, Defence Minister Ron Mark announced today. The ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Zealand joins partners in calling for full investigation into air crash in Iran
    Acting Prime Minister and Minister of Foreign Affairs Rt Hon Winston Peters says that developments suggesting a surface-to-air missile is responsible for the downing of the Ukrainian International Airlines flight in Iran is disastrous news. “New Zealand offers its deepest sympathies to the families of the 176 victims. It is ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Staying connected to Australian agriculture
    Agriculture Minister, Damien O’Connor, says the Ministry for Primary Industries is continuing to stay connected to federal authorities in Australia as devastating fires affect the country.  “The Ministry is using an existing trans-Tasman forum for discussions on the agricultural impact of the fires and the future recovery phase,” says Damien ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Investment in schools – a commitment to communities
    Thousands of school-age children, their teachers and wider communities are benefiting from the Government’s multi-million dollar investment upgrading and renewing schools, Education Minister Chris Hipkins said today. “We want New Zealand to be the best place to be a child and that means learning in warm, comfortable and modern classrooms,” ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand Defence Force sends support to Australia
    Minister of Defence Ron Mark today announced New Zealand is sending three Royal New Zealand Air Force NH90 helicopters and crew, and two NZ Army Combat Engineer Sections as well as a command element to support the Australian Defence Force efforts in tackling the Australian fires.  The New Zealand Defence Force ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Better access to books for blind and low vision citizens on World Braille Day
    "Today is World Braille Day and I am delighted to announce that an international treaty giving blind and low vision New Zealanders access to books and literary works comes into force today,” Minister for Disability Issues Carmel Sepuloni announced today. “Today the Marrakesh Treaty and the associated amendments to the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand to send further firefighter support to Australia
    The New Zealand Government is sending a further 22 firefighters to help fight the Australian fires. “The devastation caused by these fires is taking a substantial toll on our Australian neighbours and we will continue to do what we can to assist as they deal with this extremely dynamic, dangerous ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Reducing the cost of education
    Twenty-two more schools have opted into the Government’s policy of providing $150 per child to schools who don’t ask parents for donations– bringing the total number of schools in the policy to 1,585. The Ministry of Education has accepted late opt ins past the November 14 deadline from schools that ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Road deaths lower in 2019, but still more work to do
    “As we enter the new decade, my thoughts are with the families, friends and communities of the 353 people who lost their lives in road crashes last year. While the number of deaths is lower than in 2018 (377), this is still a staggering loss of life,” Duty Minister Iain ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • PM congratulates New Year 2020 Honours recipients
    Prime Minister Jacinda Ardern has congratulated the diverse group of New Zealanders recognised for their contributions to the country and their communities in the New Year 2020 Honours List.   The list of 180 honours recipients includes three Dames and three Knights Companion of the New Zealand Order of Merit, ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Justice Minister congratulates first Māori Supreme Court judge on New Year’s Honour
    Justice Minister Andrew Little has congratulated The Honourable Justice Joe Williams for receiving a knighthood for services to the state. Sir Joe Williams has been appointed as a Knight Companion of the New Zealand Order of Merit in the New Year 2020 Honours List. “Sir Joe Williams has made an ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • New Year honours for top sportspeople
    Twenty-one of New Zealand’s top sportspeople, coaches and leaders in the sporting community have been recognised in the New Year 2020 Honours List. The Silver Ferns coach Noeline Taurua has been made a Dame Companion and the former All Blacks Steve Hansen has been made a Knight Companion of the ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Leading architect of Zero Carbon Bill honoured
    It’s great to see ordinary New Zealanders doing extraordinary things, Minister for Climate Change James Shaw today said in response to the news that Lisa McLaren is included in the New Year 2020 Honours List for her exceptional work leading the campaign for the Zero Carbon Bill. Lisa McLaren was ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Social entrepreneurs and innovation leads Pacific contribution
    Minister for Pacific Peoples Aupito William Sio says the New Year 2020 Honours List highlights the valuable contribution Pacific social entrepreneurs and innovators make to New Zealand, the Pacific region and the world. “The standout common factor that underlines their contribution to Aotearoa is the value they place in their ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Service to birds and bush recognised in New Year Honours
    Decades of dedication to Aotearoa’s unique birds, landscapes, and native eels is recognised in the New Year 2020 Honours List said Minister of Conservation Eugenie Sage. “I’m delighted that the decades of dedication to conservation, and fantastic leadership in giving nature a helping hand is being acknowledged,” said Eugenie Sage. ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Closer Economic Partnership with Singapore comes into force on 1 January
    New Zealanders will start to see the benefits of the upgraded Closer Economic Partnership (CEP) with Singapore from 1 January 2020, when the agreement comes into force. Minister for Trade and Export Growth David Parker said the agreement would open more opportunities for New Zealand companies looking to do business with ...
    BeehiveBy beehive.govt.nz
    3 weeks ago