At a time when you can use your cell phone to order a movie or buy a plane ticket the Government thinks that Inland Revenue can do much more to make your tax simpler.
Businesses say it takes too much time to do their tax and takes them away from doing their work. And the tax system costs too much to run. As taxpayers you pay for that too. Our tax system is recognised as one of the best in the world, but the way we manage it needs to improve.
Over the next couple of years, the Government will consult on ideas to understand your views before we settle on what to do. These changes will affect all New Zealand businesses and individuals.
Right now we are giving an overall picture of how tax could work in the future, and more detail on how we can use digital technologies to simplify tax.
What could this mean for you? As an example, in the future the Government proposes that accounting software would be able to exchange information directly with Inland Revenue, so that: • More accurate PAYE, GST and related information could be provided to Inland Revenue automatically – with less time needed to fill out forms. • Provisional tax could be managed more like PAYE and calculated as you earn your income. There are also some ideas around helping small businesses get their tax right from the start.
How could exchanging information directly with Inland Revenue benefit engineers and manufacturers?
I think that these ideas would mean you can spend less time filling out forms, and more time on your business, but we need your feedback. It’s time to make the tax system that is easy for you.
Join the discussion
Go to makingtaxsimpler.ird.govt.nz now for more ideas, to see what others are saying and give your views. • Discussion on Better digital services
closes on 15 May 2015. • Discussion on making tax simpler, a Government Green Paper closes on 29 May 2015. For paper copies email policy. email@example.com (subject line: Making tax simpler documents) or phone 0800 587 243.
Hon Todd McClay Minister of Revenue