Proposal to change several tax rules
The Bill would set annual tax rates and change rules affecting businesses, investments, KiwiSaver, student loans, and other taxes.
Taxation (Annual Rates for 2026–27, FBT Simplification, Foreign Investment Funds, and Remedial Measures) Bill
What's changing
- The Bill would change tax rules for the 2026–27 tax year.
- It would simplify fringe benefit tax rules.
- It would change rules for foreign investment funds.
- It would replace the Stamp and Cheque Duties Act with a new Approved Issuer Levy Act.
- It would repeal several Acts described as no longer needed.
Who's affected
People and organisations affected could include taxpayers, employers, foreign investment fund investors, KiwiSaver members, borrowers, and people involved in child support or gaming.
When
This is a proposal that has just been introduced to Parliament, so it is not law and no start date is provided.
Background
The Bill’s policy statement says it would update several tax and related laws, create a new Approved Issuer Levy Act, and repeal Acts that are described as spent. It is intended to be split into separate Bills later in Parliament.