Sharechat Logo

Govt accounts still in deficit as lumpy tax take persists

Friday 29th November 2019

Text too small?

The government's accounts were still in deficit in the first four months of the fiscal year as the Inland Revenue Department's new systems saw some of the corporate tax take recognised in the previous year.  The operating balance before gains and losses was a deficit of $1.08 billion in the four... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/govt-accounts-still-in-deficit-as-lumpy-tax-take-persists



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

VSL - Confirmation of MD/CEO and Board changes
January 5th Morning Report
December 31st Morning Report
December 30th Morning Report
CHATHAM ROCK CLOSES PRIVATE PLACEMENT
December 29th Morning Report
December 24th Morning Report
Spark NZ announces new receivables financing structure
December 22nd Morning Report
TRU - Commercial Opportunities for Western Europe and Middle East