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.
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Here's Tuesday's teaser!
I’m found in socks, scarves, and mittens; and often in the paws of playful kittens. What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: Should drivers retake the theory test every 10 years?
Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?
Vote in the poll and share any road rules that you've seen bent! 😱
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50.8% Yes
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47.1% No
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2.1% Other - I'll share below
Poll: What does 'Kei te pēhea koe' mean?
Te Wiki o te Reo Māori (Maori Language Week) is upon us and we always love to get involved.
Add your vote to the poll and share a phrase in te Reo Māori below to be in to win a $25 Prezzy card.
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4.4% You are finally here
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86.4% How are you (feeling)?
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1.5% There are two fish
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7.7% Pass the salt, please
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