Inland Revenue - Tax policy Tax Policy

News and information about the Government's tax policy work programme, including:
- proposed changes to the laws that Inland Revenue is responsible for
- updates on the progress of bills through Parliament
- policy announcements

Tax policy news

27 May 2015

Legislation introduced on 21 May in the KiwiSaver Budget Measures Bill as part of Budget 2015 received Royal assent today. The legislation removes the $1,000 kick-start payment for new KiwiSaver members from 2pm on 21 May 2015.

Updated on 27 May 2015 at 6pm: The KiwiSaver Budget Measures Act 2015 is now available at New Zealand Legislation.

23 May 2015

The KiwiSaver Budget Measures Bill passed its third reading today and now awaits Royal assent.

22 May 2015

Budget details announced on Thursday include a further Budget allocation of $74 million over five years for Inland Revenue’s investigations activity. This will target property speculation, and for tackling the hidden economy and aggressive tax planning strategies, Revenue Minister Todd McClay announced today. For more information see the Minister's media statement.

21 May 2015

The Support for Children in Hardship Bill which contains the proposal to increase the in-work tax credit was introduced to the House on Thursday afternoon. For more information on the proposal and the wider changes proposed by the Government, see the Budget 2015 media statement and fact sheets, the Bill and the regulatory impact statement.

21 May 2015

The KiwiSaver Budget Measures Bill which contains the proposal to remove the KiwiSaver $1,000 one-off kick-start payment was introduced to the House this afternoon. For information on the proposal see the Bill and Treasury’s regulatory impact statement.

Highlights

The Government’s 2015 Budget announced today includes tax proposals aimed at supporting...

At the International Fiscal Association conference today, the Minister of Revenue announced the...

The Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters)...