New Zealand 2025 Budget introduces significant tax reforms
|Tax Alerts, Legislation & Policy, Na ...|New Zealand
On 22 May 2025, the New Zealand Government delivered the 2025 Budget, which includes several key tax announcements.
The "Investment Boost" proposal is expected to affect most New Zealand taxpayers, allowing for a 20% acceleration of tax depreciation deductions.
Several other proposals, including changes to Fringe Benefit Taxes and thin-capitalization settings, have been announced but not yet enacted.
Employers with New Zealand staff members will need to ensure these changes are accurately reflected…
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