Revenue Minister Simon Watts has introduced a new tax bill aimed at boosting New Zealand’s economy, helping businesses grow, and making it easier for skilled people to live and work here.

Budget 2025 changes Working for Families to better target help to low and middle-income families with children.

The Government will boost its investment in chasing tax evaders, Revenue Minister Simon Watts says.  “Hard-working Kiwis who pay their taxes are being ripped off by tax cheats who deliberately evade their obligations,” he says.

The Government has decided to discharge the Digital Services Tax Bill from the legislative programme, Revenue Minister Simon Watts announced today.

Inland Revenue is launching public consultation on proposals to make the Fringe Benefit Tax (FBT) rules easier and to reduce compliance costs for taxpayers, Revenue Minister Simon Watts says.

The House has today passed legislation which contributes to the Government’s focus on driving growth and providing the environment which allows businesses to thrive, Revenue Minister Simon Watts says.

The Government is proposing changes to tax rules which will contribute to encouraging investment in New Zealand, Revenue Minister Simon Watts says.

Consultation on an Inland Revenue Issues Paper on the taxation of charity and not-for-profits opens today.

Rebuilding the economy and improving fiscal sustainability is the key focus of the Government’s new Tax and Social Policy Work Programme for Inland Revenue, Revenue Minister Simon Watts says.

Technology companies are among the startups which will benefit from increases to current thresholds of exempt employee share schemes.

Inland Revenue can begin processing GST returns for businesses affected by a historic legislative drafting error, Revenue Minister Simon Watts says.

The Government continues to introduce measures that will strengthen the economy and ensure New Zealand businesses and individuals have a more secure future, Revenue Minister Simon Watts says.

New Zealand’s payroll providers have successfully prepared to ensure 3.5 million individuals will, from Wednesday next week, be able to keep more of what they earn each pay.

New compliance funding in Budget 2024 will ensure Inland Revenue is better equipped to catch individuals who are evading their tax obligations, Revenue Minister Simon Watts says.

Restoring the brightline test to two years will help increase the supply of residential property putting downward pressure on rent, Revenue Minister Simon Watts says.

The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis. 

Legislation implementing coalition Government tax commitments and addressing long-standing tax anomalies will be progressed in Parliament next week, Finance Minister Nicola Willis says.

Proposed changes to tax legislation to prevent the over-taxation of low-earning trusts are welcome, Finance Minister Nicola Willis says.

The Government is today introducing and progressing under urgency a Bill to repeal the Taxation Principles Reporting Act 2023, Revenue Minister Simon Watts says.