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The private sector GST
advisory panel will help businesses and the Government implement the GST
increase to 15 percent as announced in the budget yesterday.
The GST increase will come into force on October 1.
Retired accountant Frank Owen will chair the panel. Other members included tax
barrister David McLay, tax director Craig Macalister, Business New Zealand chief
executive Phil O'Reilly and New Zealand Retailers Association director Karen
Radford.
Mr Dunne said the panel would advise businesses on common concerns and liaise
with the IRD to ease the transition.
Source:
National Business Review, New Zealand, dated 21/05/2010 |
