Motor Vehicle FBT: Proposed New Rules

What employers need to know about the category-based approach | September 2026 Taxation (Annual Rates for 2026-27, FBT Simplification, Foreign Investment Funds and Remedial Measures) bill (the Bill) proposes an overhaul of the current FBT rules for motor vehicles by replacing day-by-day vehicle private use availability calculations with six standard categories. The category selected would… Continue reading Motor Vehicle FBT: Proposed New Rules

Tax Bill Proposals: General Update

Key changes for businesses, investors and community organisations | September 2026 Bill status Taxation (Annual Rates for 2026-27, FBT Simplification, Foreign Investment Funds and Remedial Measures) Bill (the Bill) contains proposed changes to the current legislation. The Bill may change before enactment as it progresses through the legislative process. Commencement dates also vary, so current… Continue reading Tax Bill Proposals: General Update

Crypto Debit & Credit Cards: Practical Tool or Tax Trap?

As cryptocurrency becomes more integrated into everyday life, crypto-linked debit and credit cards are gaining traction globally. These cards allow users to spend their digital assets as easily as they would fiat money. Behind this convenience lies a layer of tax complexity that users that are NZ tax residents need to be aware of. How the IRD Views Crypto… Continue reading Crypto Debit & Credit Cards: Practical Tool or Tax Trap?

Tax Alert

HOUSING POLICY MEASURES CLARIFIED The Government has released Supplementary Order paper no 64 (SOP) to the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters)…