OrbitaxOrbitax

New Zealand's 2015-2016 Budget Delivered

|Proposed Changes|New Zealand
New Zealand

On 21 May 2015, New Zealand's Finance Minister Bill English delivered the country's 2015-2016 Budget. The tax measures of the budget are mainly targeted at individual taxpayers, including new rules on the taxation of capital gains from the sale of homes owned for less than two years and the introduction of a border clearance levy on passengers from 1 January 2016.

Measures that impact business…

Continue Reading