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20 Apr 2024 12:33
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  •   Home > News > Rural

    The Revenue Minister says he's asked officials to look at the tax issues around Mycoplasma bovis

    The Revenue Minister says he's asked officials to look at the tax issues around Mycoplasma bovis


    Federated Farmers says an unusual situation is causing some farmers who have culled stock, to be paying tax as if they've made a profit - when they clearly haven't.

    Stuart Nash says it's a technical issue and will need careful consideration.

    He says he'll respond to Federated Farmers once he receives advice from Inland Revenue about his options.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
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     Today's News

    Environment:
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    Auckland:
    A man's been rescued after being trapped six metres underground at a Central Interceptor construction site in Auckland 12:07

    Cricket:
    Black Caps bowler Matt Henry is astounded by the homegrown talent he's witnessing in the Indian Premier League 12:07

    Entertainment:
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    Motoring:
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    International:
    Australian Energy Regulator admits to serious concerns over time-of-use tariffs 11:17

    Entertainment:
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    Rugby:
    The Highlanders are keen to head home after a humbling two-match trip across the Tasman 11:07

    Entertainment:
    Sydney Sweeney's representative has slammed veteran Hollywood producer Carol Baum for slating the actress' looks and acting 10:40


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