With all the changes in tax law in recent years, there has been plenty of speculation about what a change in government might mean for the tax landscape.
Whilst the National Party has not released their final tax policy ahead of next year’s election, on their website there are some clear indications of what they would do should they be elected.
Amongst other tax reversals on things like fuel and infrastructure, the National Party website says they will reverse:
Of course for any of this to matter, there would have to be a centre right government voted in next year in the general election. Current polling seems to indicate there is a reasonable chance of this happening.
So whilst we may not be getting any tax cuts for Christmas this year, there may yet be something under the tree come 12 months’ time.
This letter is to express my appreciation for the assistance and encouragement of both Anthony Lipscombe and particularly John Heaslip over the last financial year. The period since activating my trading trust has been one of considerable stress, as well as personal development, as I embarked on this as a relative business neophyte with virtually no awareness of the contemporary requirements of running a business, particularly the financial records aspect. During much of this period I have therefore felt considerable out of my depth. However I have been lucky enough to have had the benefit of the advice and support of John Heaslip in rationalizing what was a fairly chaotic set of records of the first year property trading. I am able to say that John in particular, has been unstinting in his attention to my needs and has done so in a manner which has never alluded to my extremely rudimentary grasp of managing a business, or even of being unable to set out a spread sheet properly. The result of the above guidance is that now, although my trading trust would still not be able to operate without the advice of GRA, I do least feel a sense of satisfaction that I have got to my present point without major disaster and that my property trust does now have some kind of firmer basis for any future activities - Name withheld by request
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