New Petrol Tax Likely
New petrol taxes are likely to be approved within the next two weeks according to Finance Minister Michael Cullen. The new petrol taxes are specifically budget to pay for the electrification of...
View ArticleDiesel Tax to be Scrapped
Indications have it that the road user charges which act as a tax on diesel fuel could soon be scrapped. Transport Minister Steven Joyce is expected to release a review over the next few weeks, in May,...
View ArticleNew Petrol to Cut Tax Take
A move to cut the cost of petrol for consumers could see the government’s tax revenues drop by millions per year. On November 6th the chief executive of Z Energy Mike Bennetts said that the company is...
View ArticleNew Hikes to Petrol Taxes
Motorists could soon be paying more for petrol or could face delays to major roadworks around the country. On November 15th One News revealed the contents of a briefing issued to the government by the...
View ArticlePetrol Tax Hike on the Horizon
Petrol in New Zealand will soon be even more expensive following the passage of a new bill through parliament. On May 19th parliament passed under urgency new legislation to hike petrol taxes by an...
View ArticleFuel Efficient Cars Cause Tax Hike
Fuel efficient cars are one of the reasons behind the government’s recent hike to petrol taxes. In a statement made on June 30th the Prime Minister John Key indicated that improvements in the fuel...
View ArticleOil Slop Leads to $71 Million Tax Dispute
The New Zealand oil industry could be facing a NZD 71 million tax bill, as Customs claims nearly 30 years of back taxes. Late last week Z Energy announced that it is considering launching legal...
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