tax

NZ Tax Incentives For Economic Recovery

New tax incentives encourage individuals and businesses to spend for economic recovery. The effects of the Covid-19 pandemic have affected the world economy and in New Zealand, many people have suffered its effects. A year ago, in September 2020, New Zealand entered a recession. Many sectors including retail, hospitality, transportation…

FMA Recommends Review of Credit Card Repayment Insurance Policies

New Zealand’s Financial Markets Authority (FMA), is advising an estimated 200,000 Kiwis that may have invested in credit card repayment insurance (CCRI) to assess their need for the product. This is following a review that found the product offers ‘poor value and consequently, poor outcomes for the customers’. CCRI policies…