Brought to you by our tax experts, Taxmail aims to inform, engage, and provoke discussion on key tax policy developments and their impact on New Zealand business.

   

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the beehive
International tax and 39% trust tax rate Bill and Tax Principles Reporting Bill introduced

In addition to the Budget, the Government has tabled two Tax Bills.

architecture
architecture
Inland Revenue releases high-wealth individuals research project
Inland Revenue releases high-wealth individuals research project
Inland Revenue releases high-wealth individuals research project

New research from Inland Revenue and Treasury reveals the median effective tax rates of High-Wealth Individuals and the general population.

New research from Inland Revenue and Treasury reveals the median effective tax rates of High-Wealth Individuals and the general population.

Inland Revenue has released it much anticipated high-wealth individuals research project.

coding
coding
Inland Revenue draft guidance on SAAS configuration and customisation costs
Inland Revenue draft guidance on SAAS configuration and customisation costs
Inland Revenue draft guidance on SAAS configuration and customisation costs

Inland Revenue has released its much-anticipated analysis on the tax treatment of "software as a service" configuration and customisation.

Inland Revenue has released its much-anticipated analysis on the tax treatment of "software as a service" configuration and customisation.

Inland Revenue has released new analysis on the tax treatment of SAAS

building
building
Cyclone tax relief measures (and FBT exemption for e-bikes) added to 2022 Tax Bill
Cyclone tax relief measures (and FBT exemption for e-bikes) added to 2022 Tax Bill
Cyclone tax relief measures (and FBT exemption for e-bikes) added to 2022 Tax Bill

The Government has added additional measures to the Taxation (Annual Rates for 2022-23, Platform Economy, and Remedial Matters) Bill (No 2).

The Government has added additional measures to the Taxation (Annual Rates for 2022-23, Platform Economy, and Remedial Matters) Bill (No 2).

The Government has added additional measures to "The Bill".

image abstract building
image abstract building
2022 Tax Bill reported back
2022 Tax Bill reported back
2022 Tax Bill reported back

The “Bill” was reported back from the Finance and Expenditure Committee (“FEC”) on 1 March with a number of recommendations.

The “Bill” was reported back from the Finance and Expenditure Committee (“FEC”) on 1 March with a number of recommendations.

The “Bill” was reported back from the Finance and Expenditure Committee on 1 March.

2022 - The Year in Tax
2022 - The Year in Tax
2022 - The Year in Tax

A review of the "tax" year and a look ahead to 2023.

A review of the "tax" year and a look ahead to 2023.

A review of the "tax" year and a look ahead to 2023.

New Tax Bill introduced

New Tax Bill introduced

The bill proposals at a glance
 
Rustic desk

Modernising information requirements for GST

TSI and SCI are coming - are you prepared?

 
IR expands compliance capability with automated data collection from payment service providers
IR expands compliance capability with automated data collection from payment service providers
IR expands compliance capability with automated data collection from payment service providers

New regulations will require payment service providers to regular report bulk transactions data.

New regulations will require payment service providers to regular report bulk transactions data.

Get in touch

Darshana Elwela

Darshana Elwela

Partner - Tax

KPMG in New Zealand
Rachel Piper - KPMG NZ - Partner

Rachel Piper

Partner - Tax

KPMG in New Zealand
Kim Jarrett Michael

Kim Jarrett Michael

Partner - Global Transfer Pricing Services

KPMG in New Zealand
Rebecca Armour

Rebecca Armour

Partner - Tax

KPMG in New Zealand