← Cheques and Balances29 okt · 18 min
6th Most Taxed Country in the World!? NZ Tax Crisis Explained | Episode 556
<p><strong>New Zealand has been ranked the 6th most taxed country in the world, with tax revenue accounting for 32.6% of GDP. But are we paying too much, or is our economy simply too small?</strong></p><p><br></p><p>We unpack how New Zealand's tax system compares to Australia's, from income tax and GST to capital gains tax and property investment, and debate whether higher taxes, poor productivity and government spending are holding back our economic growth.</p><p><br></p><p><strong>Next Steps: </strong>Want to make sure you're not paying more tax than you need to? <a href="https://cutt.ly/5yYCclbR" target="_blank" rel="noopener noreferer"><strong>Get in touch with our accounting team</strong></a> at Lighthouse Financial to review your tax position and make sure you're making the most of what's available to you. </p><p><br></p><p><strong>For more money tips, follow us on:</strong></p><p><a href="https://www.facebook.com/lighthousefinancialnz/">Facebook</a></p><p><a href="https://www.instagram.com/lighthousefinancialnz/">Instagram</a></p><p>The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.</p>
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