News Agency
The Times

With billions in ‘profit’ exempt from tax, changes to NZ’s charity rules are long overdue

  • Written by The Conversation
With billions in ‘profit’ exempt from tax, changes to NZ’s charity rules are long overdueJirsak/Shutterstock

The profit made on every breakfast bowl of weet-bix is tax exempt, giving Sanitarium Health Food Company, owned by the Seventh-day Adventist Church, an advantage over other breakfast food companies. But this could be about to change.

Under current rules, New Zealand’s charities are allowed to run businesses as long as the...

Read more: With billions in ‘profit’ exempt from tax, changes to NZ’s charity rules are long overdue

More Articles ...

  1. Here’s why increasing productivity in housing construction is such a tricky problem to solve
  2. Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market
  3. The Reserve Bank has cut rates for the first time in four years. But it is cautious about future cuts
  4. What is divestiture and how would it stop insurance companies ‘ripping off’ customers?
  5. Is Australia’s GST a tax or a tariff? And why has it become a target in the trade wars?
  6. TV show Severance looks at workplace personalities. There are healthier ways to separate home and office life
  7. Here’s why some people still evade public transport fares – even when they’re 50 cents
  8. A new report card shows inequality in Australia isn’t as bad as in the US – but we’re headed in the wrong direction
  9. ‘Multiple red flags’: ASIC’s court case against Star executives shows the risks of complacency
  10. To achieve real growth, the NZ government needs to relax the rules around housing

Why Shopify Web Development Is Important For Modern Online Stores

A successful online store requires more than attractive product images and basic functionality. Businesses need websites that load quickly, provide smooth navigation, and create a reliable shopping experience across all devices. Professional Shopify web development helps businesses build scalable eCommerce stores... Read more

  • 1
  • 2
Prev Next
Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion