NZ Government introduces legislation with proposed changes to GST and income tax

Not all the proposed changes will be relevant to you or your business but, given the range, it is likely that some may, as outlined by Darshana Elwela, Rachel Piper and Peter Scott.

The New Zealand (NZ) Government has tabled the Taxation (Annual Rates for 2021-22, GST and Remedial Matters) Bill which contains more than 100 policy and remedial amendments. Below is a summary of some of the key changes. As always with draft tax legislation, the devil is inevitably in the detail. And at over 100 pages it will take some time to work through. And there is likely more to come for this Bill. In June, the NZ Government consulted on two aspects of its March housing tax changes...

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Authors: Darshana Elwela, Rachel Piper,

Published Date: 13 September 2021