GST hike to 15%

[fuknKIWI]

So why would you want to go to NZ if you don't want to be ripped off.
The great GeSTapo tax that would never go beyond 10% went to 12.5% & now to 15%
If you're a tourist then every $1.00 you spend will cost you $1.15, you may get some relief if you're taking goods out of the country, have your paper work in order & can be bothered jumping through hoops like a trained dog to get the GST reimbursed.
If your a local you'll get an income tax reduction but will you be better off? HA
If the government really wanted you to be better off then they (the tax department ) would be worse off, as if that'll ever happen. NZ built on the backs of the masses.
Not saying Aussie doesn't have it's faults but at least we got (read need ) a good rugby coach.
NZ doesn't have (read need ) a good rugby coach. Or does it it?
But I digress that tax just plain sucks the big one.

I've said it before & I'll say it again;

NEW ZEALAND MY FAVORITE THIRD WORLD COUNTRY

[Bald Eagle]

Forgetting the nifty slight of hand that the tax cut / gst increase supposed off-set each other - well they do until you adjust for the inevitable inflation then the calculations show virtually everyone on less than 100k per year will be WORSE off after the tax cuts. bet jk and his mates are

[p.dath]

I don't concur with you on several areas.

Yes, visitors to the country will be worse off. Although bringing money into NZ is usually attractive because of our dollar, so I don't see much of an issue their.

The IRD should be no worse or better off. The reduction in personal income tax is being offset by the increase in GST.

All the tax is trying to achieve is to change a culture. To stop people going "spend spend spend" and instead saving and investing some of that money. It is also hard to avoid paying GST in NZ, while it is attractive to shelter income through trusts and companies.
Shifting more to a simple consumption tax stops all that tax avoidance.

Personally, I'd be happy to go further. An even bigger rise in GST and pay even less income tax.

[dogsnbikes]

Forgetting the nifty slight of hand that the tax cut / gst increase supposed off-set each other - well they do until you adjust for the inevitable inflation then the calculations show virtually everyone on less than 100k per year will be WORSE off after the tax cuts. bet jk and his mates are

You forgot about the increases that the ETS will have on things too in about 5 weeks

[Bald Eagle]

You forgot about the increases that the ETS will have on things too in about 5 weeks

Not to mention the additonal tax on tobacco for those of us who still have an addiction to this lawful , but non-pc product. Funny they don't tax alcohol so heavily, maybe it doesn't cause as much trouble eh ?

[dogsnbikes]

Agreed funny how one changes brands to save $4 on a 30 gram

and guess we wont have many tourist after 2020 anyway if they go ahead with there total smoking ban in NZ

[NinjaNanna]

My biggest concern with the tax changes are that business will use the therotical increase as an excuse to not provide CPI wage increases again this year. Two missed increases will ensure everybody (inc the well paid) are worse off than 2yrs ago.

Also the theoretical increase neglects to account for all the different ACC increases (and don't forget the cheeky bastards also put GST on ACC).

All that said, don't get me wrong, I'm very happy with the taxation changes and the culture shift they'll hopefully produce - just don't think I'm too easily fooled Mr English and Mr Key

[NinjaNanna]

I don't concur with you on several areas.

Yes, visitors to the country will be worse off. Although bringing money into NZ is usually attractive because of our dollar, so I don't see much of an issue their.

Also weren't we all whinging just a few months back that Tourists don't pay ACC - well guess what now they're paying more gst which equates to the same thing

(comment not aimed at you D.Path)

[firefighter]

Erm, I'm pretty sure Auz has a higher tax rate, so I would'nt sit too high up on that pedestal. There was a tax cut that went with it, and most tourist dollars that do come here are worth a lot more anyhow, so that's hardly an issue. If tourists will buy pounds and American dollars, they'll certainly have no issue with our currency.

Funny how so many Aussies came here and went skiing with that money the Aussie government gave out.......

I do'nt recall it being any easier to take goods out of Auz with a GST refund, but most people would get that from duty free anyway. I ca'nt say i'm sure as to what someone would possibly want to leave N.Z with that they would feel the need to claim back the GST? You want to know about tax on purchases go to the U.S, there you pay American Dollars, now that gets expensive.

You actually sound like an ex Kiwi that went to Auz and thinks he's travelled. Explore some more of the world before shooting your mouth off, you'll find that with a very small population, we actually are'nt doing too bad, and N.Z by comparison, can be a pretty damn cheap place to live.
My parents have just been through Europe (France, England, Italy etc) and are on their way home, they were based in France for over a year, and travelled, staying with plenty of family and friends, and they cannot get over the lower wages, and higher costs for everything, even when you do take into account the value of the dollar. (I know this will spark a lot of disagreement, but my parents are literally over there right now, and are heading home very soon)

[Jantar]

You forgot about the increases that the ETS will have on things too in about 5 weeks

That was already planned irrespective of any change in other tax rates.

[Morcs]

Lowering income tax and increasing GST only means that the not as well off are paying more.
As its all the business owners who put everything through their businesses to get GST back.
Normal cunts like us cant do this so end up paying more.

[firefighter]

Lowering income tax and increasing GST only means that the not as well off are paying more.
As its all the business owners who put everything through their businesses to get GST back.
Normal cunts like us cant do this so end up paying more.

That does depend on your spending though. If you do what they are trying to get you to do, save more and spend less, then you should be better off.

I wo'nt be, because I spend all my left over funds on the bike......but I can see the other side of it.

What will happen, is I will probably import more stuff as it will be even cheaper still, as long as it's less than $400 of-course.

[Bald Eagle]

Left over and money don't occur in the same sentence in my world.

[firefighter]

Left over and money don't occur in the same sentence in my world.

Lol, yeah I know that one........Let me be clear it's far from often.

However, you could take the fact I do'nt smoke and hardly ever drink (next to never at a pub) so that's where I find my money.......trust me I know what you mean!

[SPman]

If I'm a tourist, every $1 I spend is $1 - it's inclusive! Not like the USA, where the price is , say, $1 then they say.."plus X amount sales tax, that'll be $1.08 please" , or similar.