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28 Nov 2025 10:26
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  •   Home > News > Business

    Concern about a lack of consultation on the High-Wealth Individuals Research Project

    Concern about a lack of consultation on the High-Wealth Individuals Research Project


    It's aimed at figuring out how much the ultra rich pay in tax, as a share of their economic wealth.

    Inland Revenue's started writing to 400 New Zealanders with a net worth of at least 20-million dollars, asking about their assets.

    PWC partner Geof Nightingale says the Government's using a power to collect this data, it didn't consult on and was rushed through.

    He says it's conducting a highly intrusive process with a power they granted themselves with no scrutiny.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
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    Business:
    Farmers are turning out more milk with fewer cows 10:07

    Business:
    It's thought next year could bring some heat back to the housing market 10:07

    International:
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    Living & Travel:
    One of Hong Kong's deadliest fires engulfed multiple high-rise towers in just hours 10:07

    Entertainment:
    Pras Michel has been sentenced to 14 years in prison 9:38

    Law and Order:
    A new wardrobe didn't help one alleged burglar escape the cops in Auckland this morning 9:27

    Entertainment:
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    International:
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