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Taxation Bill


DEADLINE IS 14.7.2023

Public submissions are now being called for Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill in Parliament. Submissions close Friday 14th July at 5pm.

View the bill here.

Parliament says: “The omnibus bill would amend several Acts, including the Goods and Services Tax Act 1985, the Income Tax Act 2007, the Tax Administration Act 1994, and the KiwiSaver Act 2006. Broadly, the policy proposals in this bill fall into 3 categories:

  • ​Setting the annual income tax rates for 2023-24.
  • Changes to current tax settings to ensure they are fair, efficient, and do not impede economic growth.
  • Proposals that aim to improve tax administration settings, KiwiSaver, and child support rules administered by Inland Revenue.
  • Proposals to introduce the Global Anti-Base Erosion (GloBE) rules in New Zealand.”

To make a submission, go to the NZ Parliament webpage here, scroll down and click on the “I am ready to make my submission”box.

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