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6 Dec 2021 15:33
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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.

    © 2021 Newstalk ZB, NZCity

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     Today's News

    Athletics:
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    Living & Travel:
    The Auckland Tuatara have officially taken over the Auckland Huskies National basketball league team 15:03

    Entertainment:
    Machine Gun Kelly once accidentally stabbed himself while trying to impress Megan Fox 15:02

    Law and Order:
    A16-year-old boy charged with the murder of Levi Haami in Christchurch has pleaded not guilty 14:43

    Entertainment:
    Chrissy Teigen is “happy” to still be “making stupid mistakes” even while sober 14:32

    Business:
    Beware the buy now, pay later 'debt spiral'. Experts warn it'll be haunting us long after Christmas 14:13

    International:
    Wild brawl breaks out at French presidential candidate Eric Zemmour's first campaign rally 14:13

    Law and Order:
    Oamaru could learn from the Sydney Opera House to solve its seagull problem in the CBD 14:03

    Entertainment:
    Vanessa Hudgens would “never want to be a royal” because she couldn’t deal with the added “scrutiny” they endure 14:02

    Education:
    An Auckland High School Principal says students wellbeing needs to be balanced with exam results 13:53


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