Tax consultant says Govt working group should consider 'everything'

Author
Newstalk ZB Staff,
Section
Audio,
Publish Date
Tuesday, 6 March 2018, 6:40PM
The tax working group is land and wealth tax amongst other things. (Photo / Getty)

A report is out next week from the Government's tax working group, and virtually all options are on the table.

Terry Baucher, an independent tax consultant, told Larry Williams they should be considering everything and looking at the structure of the system.

Sir Michael Cullen, who is chairing the group, said that New Zealand has a narrow range of taxes.

Baucher says that many other jurisdictions have a wider range of taxes. 

"We've basically stuck with income tax, GST and indirect taxations such as excise duties and the like." 

He says that a land tax would bring in a number of people who are not currently taxed, such as foreign land owners. 

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