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MP Calls Tax Credit Cap Misguided | Auckland News
MP Greg Fleming blasts the government’s new $100K donation tax credit cap as a misguided overreaction, calling it a “sledgehammer to crack a walnut” that could harm charities. While the government defends the move as necessary to prevent tax planning abuse and ensure sustainability — citing IRD concerns — Revenue Minister Simon Watts firmly rejects Fleming’s criticism, insisting the policy hasn’t changed and won’t take effect until April 2027. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…
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