Roadmap set to double hort exports by 2035
It's critical that the horticulture sector works together as part of a goal to double the sector’s exports by 2035.
Adding new taxes will undermine New Zealand’s tax system, says Horticulture New Zealand chief executive Mike Chapman.
Chapman says New Zealand’s tax system is admired for being simple, efficient, and fair.
Horticulture New Zealand has made a submission to the Tax Working Group on the Future of Tax saying it does not support land tax. The submission is endorsed and supported by a further 17 organisations.
"Any land tax would be a double tax, as land owners already pay rates to local government based on the value of their land," Chapman says.
As supported by the NZIER report Taxing times, Horticulture New Zealand says that using the tax system to create housing affordability, reduce the cost of productive land, and drive environmental outcomes, is asking too much of the tax system, will result in distortions, and create further unintended consequences.
"The value of land used for primary production is the key ingredient for the lending of money to support that same economic enterprise. Any reduction in the value of land will quickly translate into less funding being available to support growth, and the financial viability of the business. For that reason alone, we submit that a tax on land will have counterproductive effects that will reduce the overall taxation received by the Government," Chapman says.
"We are of the view that one category of tax payer should not be singled out and taxed in ways that all other taxpayers are not. This raises concerns about equity and fairness.”
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
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