BusinessNZ pushes for some levies to be shifted onto general taxation
BusinessNZ, New Zealand's leading business organisation, is arguing that some levies should be funded from general taxation rather than charged to businesses. The group says the growing list of levies has increased the cost of doing business. The call highlights cost pressure on firms.
BusinessNZ, New Zealand's leading business organisation, is arguing that some levies should be funded from general tax revenue rather than charged directly to businesses. The group says the ever-growing list of levies has increased the burden on companies.
According to BusinessNZ, the accumulation of various sector-specific and regulatory levies is pushing up the cost of doing business. The organisation contends it would be fairer to spread part of these costs across the wider community.
The debate is part of a broader conversation in New Zealand about cost pressure on firms and competitiveness. Steps the government takes on the structure of levies are being closely followed by the business community.
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