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Capital gains tax abandoned by Government
While the idea of CGT was only a recommendation from the Tax Working Group, it managed to gain enough steam to have almost everyone talking about it.
Both sides had valid points, but the wide range ramifications would've been detrimental to so many e.g. for those who have signed up for KiwiSaver.
This decision is a win for every New Zealander especially the poor, as they would've been the unfortunate ones that could least afford this suggested tax system.
Unfortunately, the businesses and the rich have 'escaped' yet another stake at them having to pay more taxes.
Another look at their tax rates will have to be investigated and what they are actually claiming for in their tax forms.
With the new ways that the IRD is introducing, it will be interesting to see what happens there.
www.stuff.co.nz...
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What's the best way to keep grocery shopping bills down?
We are still feeling the pinch and the weekly shop is no different. So we are after your cost-saving tips please, neighbours!
What’s the best way you've found to cut down on your grocery bill? Share below (and hear tips from others!)
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Show us your winter craft or DIY projects
When we are stuck inside, it can be a time to get creative. And we think Neighbourly members are quite a creative bunch. So, let's fill the Neighbourly newsfeed with crafty creations from across the country.
Share a photo below of your craft projects, recent DIY, or your hobby. You may just inspire someone else!
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How much are you paying for your bin tags?
With bin tags on the way out, we want to hear how much you are still spending on them.
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