Capital Gains Tax in New Zealand: What you need to know

Capital Gains Tax in New Zealand: What you need to know

Wellington, February 22, 2019 The Coalition Government’s Tax Working Group is recommending a broad extension of taxing Capital Gains. Here is what you need to know: The Group, chaired by Sir Michael Cullen, has recommended the following: Tax the Capital Gain on sale of land, shares, business assets, intangible assets such as intellectual property. Tax to be imposed when the…

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Working Group recommends Captain Gains Tax

Working Group recommends Captain Gains Tax

Gyles Beckford  Wellington, February 21, 2019 The Tax Working Group is recommending a broad extension of taxing Captain Gains, and consideration of environmental taxes, changes to personal income tax thresholds, retirement savings, and charities. A Captain Gains Tax is a tax on the profit from the sale of an asset. The Suggestions Among its main recommendations are: Tax the Capital…

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Rotuman Language classes commence in Auckland

Supplied Content Auckland, February 21, 2019 The Rotuman Community in Auckland has announced commencement of Rotuman Language Classes, marking the ‘International Mother Language Day,’ observed throughout the world today as a United Nations approved programme. Organised by the Auckland Rotuman Fellowship Group Incorporated (ARFGI), the endangered Rotuman language is being taught by elders and qualified teachers. Chairperson Faga Fasala said,…

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Meeting avers to make Pakistan Association dynamic

Meeting avers to make Pakistan Association dynamic

PANZ online voting begins; final polling on Sunday, February 24 Auckland, February 21, 2019 Members of the Pakistan Association of New Zealand (PANZ) had an opportunity to understand the aims and objectives of a group seeking to be elected to various posts at the forthcoming election of office-bears of the Association in Auckland. Online Voting which began a few days…

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Tribute to ‘Mother Languages’ fosters respect for cultural diversity

Tribute to ‘Mother Languages’ fosters respect for cultural diversity

Michael Wood Wellington, February 21, 2019 ‘International Mother Language Day’ is being observed today, (Thursday, October 21) to promote awareness of linguistic and cultural diversity and multilingualism worldwide. The term ‘Mother Tongue’ or ‘Mother Language’ is used for the language that a person learnt as a child at home (usually from their parents). Children growing up in bilingual homes can,…

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Proposal to raise Home-based educators’ qualification to Level Four

Proposal to raise Home-based educators’ qualification to Level Four

Have your say on the changes coming Supplied Content Wellington, February 20, 2019 The government-subsidised education and care of young children that takes place in the educator’s home or in the child’s home will become professionalised, to ensure better and more consistent quality, Education Minister Chris Hipkins has said. He said this morning that Home-based Early Childhood Education has been…

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Telanganites celebrate birthday of Chief Minister KC Rao

Telanganites celebrate birthday of Chief Minister KC Rao

Blood Donation Camps held in Auckland on February 14 Vijay Kosna Auckland, February 19, 2019 Editor’s Standfirst: On Sunday, February 17, 2019, millions of Telanganites celebrated the 65th Birthday of their Leader and Telangana Chief Minister, Kalvakuntla Chandrashekar Rao better known and abbreviated as KCR, all over the world. He is one of the most popular leaders of South India…

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Digital Services Tax on multinational companies coming

Digital Services Tax on multinational companies coming

“More than $2.7 billion go untaxed” every year Supplied Content Wellington, February 19, 2019 New Zealand is to consult on the design of changes to tax rules which currently allow multinational companies in the digital services field to do business here without paying income tax. Finance Minister Grant Robertson and Revenue Minister Stuart Nash said that Cabinet has agreed to…

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