
Underachievers to fund state sector pay rises
Department bosses told those who don't perform face cuts so those who do well can be rewarded.
Department bosses told those who don't perform face cuts so those who do well can be rewarded.
Tax avoidance has been much in the news recently, because of the banks' cases.
KiwiSaver, which now has 1,189,597 contributing members, is a huge success.
The special police unit is being set up to seize criminal assets and will have a hit list to work on, Police Minister Judith Collins revealed today.
BNZ claims it has suffered no adverse customer reaction following its tax problems with the IRD.
The Chartered Accountants Institute has put up a set of proposals to radically simplify the taxation of small businesses.
Westpac has lost its High Court challenge against Inland Revenue and has been ordered to pay almost $1 billion in back taxes.
Westpac Bank faces a tax bill of close to $1 billion after losing one of New Zealand's largest ever tax avoidance cases.
Westpac has lost its $918m tax battle with Inland Revenue.
Broadening the tax base is critical in the longer term, to avoid large increases in personal income taxes and GST, a working group has said.
Property tycoon David Stewart Henderson - the man involved in a celebrity drug ring in 2005 - is being threatened with bankruptcy.