Without relief, car importers would have had to pass on increased costs to consumers.
Brooke van Velden continues her clinical execution of employment law change.
The ETS cannot be relied upon as a steady source of income.
Only about 49,000 trusts – out of 400,000 -– will have to pay the 39% rate.
A tax debate has to also be part of a wider discussion on economic and fiscal policy.
But the announcement does not include claiming interest deductibility this year.
Swarbrick repeats the need for a ‘fair’ tax system.
The car industry is very concerned about the drop in demand for EVs.
Private wealth lawyer Aimee Mitchell speaks with NBR about what the country’s richest think about hike to 39%.
It represents a change from a ‘cancel economy to a can-do economy’.