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

SOP to the COVID-19 (Further Management Measures) Legislation Bill

12 May 2020

Supplementary Order Paper No 488 to the COVID-19 (Further Management Measures) Legislation Bill was released today by the Leader of the House, the Hon Chris Hipkins. The SOP includes enabling amendments to ensure that the Small Business Cashflow (Loan) Scheme launched by the Government on 12 May 2020 works as intended. It also contains some minor technical amendments to the loss carry-back rules.

For more information see the SOP and supplementary disclosure statement.