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| Thread ID: 107251 | 2010-02-10 00:09:00 | Nothing much changed in the tax. | Nomad (952) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 856800 | 2010-02-10 02:20:00 | It is going to be interesting to see the out come in 5 - 10 years What could be better to invest in than real estate? Sharemarket? Bank? Hanover? Please tell me |
Gobe1 (6290) | ||
| 856801 | 2010-02-10 02:24:00 | It is going to be interesting to see the out come in 5 - 10 years What could be better to invest in than real estate? Sharemarket? Bank? Hanover? Please tell me I think it is best to invest in the Oz sharemarket, and other overseas ones. The NZ sharemarket isn't worth it. Real estate is also a good investment, but expect tax changes in the next 5 years. I still expect a land tax to come in eventually, as well as an inheritance tax , CGT and stamp duty. Don't invest in ponzi schemes. Research extensively what you are investing in. We do need a land tax, becuase it will then mean that all these overseas people who own NZ properties, will then have to pay NZ tax. Currently many don't.. |
robbyp (2751) | ||
| 856802 | 2010-02-10 02:34:00 | We already pay land tax, it called rates | Gobe1 (6290) | ||
| 856803 | 2010-02-10 02:36:00 | labour put gst up from 10% to 12.5%, during economic downturn then NZ went deeper into recession coincidence or shape of things to come in 2010?? |
sroby (11519) | ||
| 856804 | 2010-02-10 02:38:00 | You think thats bad wait until they put CGT into effect JK knows this and it will be avery brave PM to sign that one off, it will basically mean end of office EDIT: What i cant understand is if they gave every one a tax cut say 2 - 3% that money would eventually go back to the govt wouldnt it? people would spend it ie gst etc |
Gobe1 (6290) | ||
| 856805 | 2010-02-10 02:58:00 | It was labor which bought in gst and labor that increased it. Dont go blaming National for trying to fix 9 years of bad governance. |
prefect (6291) | ||
| 856806 | 2010-02-10 03:10:00 | labour put gst up from 10% to 12.5%, during economic downturn then NZ went deeper into recession coincidence or shape of things to come in 2010?? Funny you should say that, becuase the NZ Herald story disputes that www.nzherald.co.nz HOwever these media companies do have hidden agendas. They are very much againest property tax, as some of their largest advertisers are property related. They would much prefer GST rises. |
robbyp (2751) | ||
| 856807 | 2010-02-10 03:12:00 | We already pay land tax, it called rates Rates are local body, and pay for things such as services. YOu also have to pay gst on rates, so everyone is also going to get a rates rise. Also rates are based on your capital valuation, rather than just the land value. (At least they are in my area), so you get penalised for having a nice house. Land tax is additional, and was to be about .5% of just you land value. |
robbyp (2751) | ||
| 856808 | 2010-02-10 03:41:00 | rates are based on your capital valuation, rather than just the land value. so you get penalised for having a nice house. . In some areas. My CV = $95000. My rates are about to be $2535 a year. Without the GST increase. |
pctek (84) | ||
| 856809 | 2010-02-10 04:15:00 | In some areas. My CV = $95000. My rates are about to be $2535 a year. Without the GST increase. Ouch that stings! Geez, I thought I was hard done by. Last CV done in 2007: $316,000 rates $1,700 without new GST LL |
lakewoodlady (103) | ||
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