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KPMG - Latest News [Page 7]

KPMG Comment on GST transitional changes

Wednesday, 11 August 2010, 1:06 pm | KPMG

Please find attached KPMG Taxmail on the Government's announcement yesterday regarding GST transitional changes. More >>

Fraud significantly high, agribusiness at risk

Thursday, 22 July 2010, 9:47 am | KPMG

There are potentially significant levels of undetected fraud in New Zealand’s Agri-Business sector, according to KPMG. More >>

Business to progress climate change agenda

Tuesday, 1 June 2010, 10:47 am | KPMG

Business will be a leading driver for climate change as the effects of the Copenhagen Accord begin to impact world economies, finds a KPMG white paper launched in New Zealand today. More >>

Property tax changes - a mixed bag

Friday, 21 May 2010, 10:38 am | KPMG

The Budget, as expected, changes the tax depreciation rules for buildings (both residential and non-residential). The twist is that depreciation will be removed for buildings with an estimated useful life of 50 years or more. From the 2011/12 income year, ... More >>

Seizing the tax policy tiger

Friday, 21 May 2010, 10:10 am | KPMG

Finance Minister Bill English today unveiled his second Budget - Building the Recovery - which reforms the tax system in the strong belief that a change is required to encourage work and saving, The Minister has taken some bold steps, not of all of ... More >>

R&D grants for business – a new direction

Thursday, 20 May 2010, 5:38 pm | KPMG

The Government is to change the way it supports business R&D, with additional funding in excess of $200m and several new initiatives. The Budget today confirms the announcements made by Prime Minister John Key last week. More >>

GST hike rushed: KPMG

Thursday, 20 May 2010, 4:21 pm | KPMG

While we believe that raising revenue from GST is a sensible approach, with only four months until implementation, New Zealand businesses have not been given much time.While we believe that raising revenue from GST is a sensible approach, with ... More >>

Less Dollars and More Sense Good for New Zealand

Thursday, 20 May 2010, 4:04 pm | KPMG

The tax initiatives announced today are the most wide reaching in the last 20 years and the National Government has taken a smart but bold approach to bringing in the changes in those areas where the Government believes that they can build the recovery ... More >>

New Zealand GST Rate One of the Highest in ASPAC

Monday, 29 March 2010, 9:58 am | KPMG

Even at 12.5% New Zealand’s GST rate is significantly higher than the Asia Pacific (ASPAC) average, according to the latest KPMG Asia Pacific indirect tax country guide, which provides an overview of taxes in the ASPAC region. More >>

Turbulent economy leans on tax departments

Wednesday, 17 March 2010, 9:41 am | KPMG

Companies that get their basics right are better able to balance tax risks and opportunities, giving them a significant business advantage in a difficult New Zealand economy, according to a KPMG International report. More >>

Developed world trails emerging economies on M&A

Monday, 8 March 2010, 9:31 am | KPMG

Cross-border deals out of the emerging economies are already on the increase while deals out of the developed economies have declined for the fourth consecutive period, according to a KPMG report. More >>

Fraud rises to record levels in New Zealand: KPMG

Monday, 15 February 2010, 11:02 am | KPMG

There has been a massive increase in the value of frauds in New Zealand in the second half of 2009, according to the KPMG Fraud Barometer report released today. More >>

No Land Tax For Farmers & Maori Authorities

Wednesday, 10 February 2010, 9:17 am | KPMG

The Agribusiness sector including Farmers and Maori Authorities will be relieved at the ruling out of a land tax and Risk Free Rate of Return Method (RFRM) today by the Prime Minister. More >>

Property Investment Shrouded in Uncertainty

Tuesday, 9 February 2010, 4:23 pm | KPMG

The silence on depreciation today in the Prime Minster’s speech on tax indicates that this remains very much a focus for the Government in its tax reforms. More >>

The Sound of Silence on Tax Rates

Tuesday, 9 February 2010, 3:56 pm | KPMG

The silence by the Prime Minister today on tax rates requires reading between the lines to see where the Government is heading. From his statements, the Government has accepted the TWG’s integrity and coherence concerns. This indicates the most ... More >>