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Boutique Financial Chartered Accountants & Business Commentators
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Normally our articles are reserved for more edgy business topics but the New Zealand media seems awfully enthused about the tax changes proposed by the Government today so we thought we’d better touch on that for you, albeit very briefly. Now did you spot the key word in that last sentence? It was ‘proposed’. The changes are proposed so it’s not worth getting too het up about them until they’ve been hauled through the submissions process, pass the third reading and finally end up watered down with Royal assent. If things do go ahead as proposed, you’re unlikely to notice much of a change because we’ll take care of the complex parts for you but, in the meantime, we’ve popped bite sized summaries below: