Issue 2 - May 2013
This week will see both the New Zealand and Australian Governments unveil their respective Budgets for the upcoming year – this evening in Australia and in a couple of days time for New Zealand.
Taxmail provides some Budget “food for thought”. We expect Budget 2013 to be more of the same, as the Government looks to consolidate its reputation as a prudent fiscal manager.
From a tax perspective, a number of challenges lie on the horizon.