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Showing posts with label Veterinary Services. Show all posts
Showing posts with label Veterinary Services. Show all posts

Saturday, March 26, 2016

Michael Gousmett: Fixing an Anachronism - the Veterinary Services exemption from Income Tax



INTRODUCTION

In 1955 the government of the day granted an exemption from income tax to veterinary services bodies in recognition of the importance of the work being undertaken by veterinary professionals in helping New Zealand’s post-war economy to develop.  

The exemption was backdated to 1951 and, 65 years later, remains in place.