Tax Press Releases

Revenue Minister Peter Dunne has tabled legislation which would entitle up to 310,000 New Zealand families to income share for tax purposes.This family-friendly bill will empower and assist families with one parent working fewer or more flexible hours in order to raise their children.

Changes to New Zealand’s company tax rate will make our country more competitive internationally, Finance Minister Bill English claims.

The government is looking into repealing gift duty, and intends to if concerns around creditor protection and social assistance targeting can be dealt with. Gift duty was originally introducted to prevent circumvention of estate duty rules.

Personal tax cuts in Budget 2010.

GST changes and compensation in Budget 2010.

Across the board tax cuts and a package of other tax changes will strengthen economic growth and help families get ahead here in New Zealand, Finance Minister Bill English and Revenue Minister Peter Dunne say.