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Pay-as-you-go provisional tax a win for businesses
Pay-as-you-go provisional tax a win for businesses
Press release: ACT New Zealand
April
13, 2016. 12:15pm
The move from provisional tax to a pay-as-you-go system is a significant forward step for New Zealand’s tax policy, says ACT Leader David Seymour.
“This will be a long-awaited relief for many self-employed and business-owning Kiwis.
“The efficiencies of digital payments and accounting mean that a pay-as-you-go system has been overdue for some time. Our laws need stay in line with technological advances.
“Lower and simpler taxes should be important to any centre-right government so it’s good to see National address one part of that equation.
“Credit must also be given to the businesses and individuals who have successfully lobbied on this issue.”
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