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Website. www .ird .govt .nz. Inland Revenue or Inland Revenue Department ( IRD; Māori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax .
Twelve days a year (from 2022) [1] Public holidays in New Zealand (also known as statutory holidays) consist of a variety of cultural, national, and religious holidays that are legislated in New Zealand. Workers can get a maximum of 12 public holidays (eleven national holidays plus one provincial holiday) and a minimum of 20 annual leave days a ...
Holidays Act 2003. Royal assent. 17 December 2003. Commenced. 1 April 2004. Status: Current legislation. The Holidays Act 2003 is an Act of Parliament in New Zealand that regulates public holidays. It was amended by the Holidays (Transfer of Public Holidays) Amendment Act 2008 and the Holidays Amendment Act 2010. This page includes those changes.
Penny and Hooper case. Penny and Hooper ( [2011] NZSC 95) [1] was a landmark taxation case in New Zealand that reached the Supreme Court of New Zealand, which was a major victory for the Inland Revenue Department (IRD) on the issue of tax avoidance .
The MTC is not a true tax credit; it is a monetary contribution paid by the government via Inland Revenue, mainly to offset the tax paid on interest earned. Those withdrawing KiwiSaver funds to help buy a first home may also get a deposit subsidy of up to $5,000 (existing homes) or $10,000 (new builds) from Housing New Zealand , provided they ...
The Beehive, Wellington, is the seat of government (i.e. headquarters of the executive branch). In New Zealand, the term Government can have a number of different meanings. At its widest, it can refer collectively to the three traditional branches of government—namely, the executive branch, legislative branch (the King-in-Parliament and House of Representatives) and judicial branch (the ...
Goods and Services Tax (New Zealand) Goods and Services Tax ( GST) is a value-added tax or consumption tax for goods and services consumed in New Zealand . GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services ...
This excludes the financial impact of the overseas property Harvey Norman owns for its stores. New Zealand was the only overseas market to recorded a rise in profit over the last financial year (from AU$49.75 million to AU$53.11 million), with operations in Slovenia and Croatia posting a small profit decline (from AU$3.02 million to AU$2.70 ...