A budget for an extraordinary year
The combined impact of the Christchurch rebuild, high commodity prices and the proposed sell down of a minority stake in certain SOEs have provided the Government with the leverage to get the country back to surplus a year earlier than expected.
Our team of experts has assessed the implications of this year's Budget.
PwC's Budget Analysis includes:
- A tough 12 months for the economy
- Things that surprised us
- KiwiSaver: reducing the fiscal cost
- Putting a lid on Working for Families
- Student loans
- Thin cap changes for foreign banks
- Tax reform: direction is more important than speed
- Increasing savings still a key strategy
- New Zealand: a new funds hub?
- Government prioritises a return to surplus - as recommended by the OECD
- QCs and LAQCs - don't forget the transition deadlines
- Gift duty
- What's new on the tax policy work programme?