CCH - a Wolters Kluwer business
This 2020 Budget Report has been prepared by Wolters Kluwer in-house analysts with the assistance of specialist practitioners from Bell Gully. It covers announcements of interest to tax practitioners and the business community. Bell Gully is a leading New Zealand corporate law firm with extensive commercial, corporate, taxation, finance, banking, litigation and commercial property experience. […]
Read MoreBudget 2020: highlights Jobs the focus as black clouds gather on the horizon The Government’s response to the COVID-19 pandemic dominates Budget 2020, with much of the focus on injecting funds into the economy to create and sustain employment. Tax measures, which featured heavily in the COVID-19 response during the past six weeks, are noticeably […]
Read MoreBudget overview Budget 2020 poses unique challenges The cover of the 2020 Budget announced by the Minister of Finance, the Hon Grant Robertson, features a range of snow-covered mountains. The image is appropriate, for the Coalition Government certainly has a number of mountains it must climb if it is to lead the country to a […]
Read MoreEconomic and Fiscal Update The Economic and Fiscal Update published by Treasury as part of the Budget papers outlines what the country might see over the next four years. The object is to give an indication of what the economy is most likely to do over the four-year forecast period. The Update starts with the […]
Read MoreWellbeing Budget 2020: Rebuilding Together Ministerial statement The COVID-19 Response and Recovery Fund, established through this Budget, will be used to support New Zealanders through each stage of the impact of the virus. It is designed to not only support the immediate response but also provide support, as necessary, over the longer term to rebuild […]
Read MoreMore to come The Budget papers make it clear that the announcements of 14 May 2020 are not the final word. Treasury observes that the swiftly evolving impact of COVID-19 has meant that the documents released on 14 May do not capture all of the Government decisions with fiscal implications that have been made up […]
Read More