This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Marriott, L. Articles by Fowler, C. Search for Related Content Social Bookmarking                         What's this?

From social policy to economic policy: taxation incentives for retirement income savings in New Zealand (1910-2005)

Victoria University of Wellington

Carolyn Fowler

Victoria University of Wellington

New Zealand has seen a change in policy direction from the provision of taxation incentives for retirement income savings from 1910 through to 1988, to removal of all incentives from 1988 through to 2004. In 1910, the focus was primarily on decreasing state dependency, while simultaneously assisting individuals to be self-reliant. By 1988 the focus had moved to increasing efficiency and removing inequities that were present in the incumbent scheme. In 2004 and 2005, the New Zealand Government demonstrated that they are no longer opposed to providing "incentives" to encourage retirement income savings, with the implementation of schemes targeted at the individual level and the work-based level. The indication is that taxation incentives to encourage retirement savings are more likely to be witnessed in a welfarist political environment. Conversely if the political environment has a stronger neo-liberal focus, the support for taxation incentives is likely to reduce.

Key Words: New Zealand • retirement income savings • taxation history

Accounting History, Vol. 12, No. 1, 87-115 (2007)
DOI: 10.1177/1032373207072810


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?