Articles tagged with Excise Duty
New Zealand's Transition to Electronic Road User Charges for Fairer Road Funding
3 hours ago | 23 viewsThe New Zealand Cabinet has approved legislative changes to transition 3.5 million light vehicles to electronic road user charges instead of petrol tax, marking a significant shift in road funding. The move aims to ensure all vehicles, regardless of fuel type, contribute fairly based on distance and weight, replacing the outdated petrol tax system. The transition will involve modernizing the current RUC system, allowing for digital records, multiple payment options, and fostering competition among RUC providers for a user-friendly and efficient road funding mechanism.
Tags: legislative changes New Zealand road user charges petrol tax Transport Minister Chris Bishop Fuel Excise Duty Road User Charges RUC vehicle fleet electronic road user chargingGovernment's Initiative to Reduce Excise on Heated Tobacco Products for Smoking Cessation
1 week ago | 151 viewsAssociate Health Minister Casey Costello highlighted that the Government's reduction in excise on Heated Tobacco Products (HTPs) aims to help more people quit smoking. The focus is on promoting public health by encouraging smokers to switch to less harmful alternatives like HTPs. The Ministry of Health is monitoring the impact of the excise change and has set up an expert advisory group to enhance regulations on all nicotine and tobacco products.
Tags: Government Heated Tobacco Products Smoking Casey Costello Ayesha Verrall Treasury Excise Duty Ministry of Health HTPs Vaping