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

Budget Bill passed

26 May 2017

The Taxation (Budget Measures: Family Incomes Package) Bill was passed by Parliament today. The Bill contains changes to tax thresholds and to Working for Families. It also repeals the Independent Earner Tax Credit. The Bill now awaits Royal assent. The changes will come into effect on 1 April 2018.