Taxation (Annual Rates for 2026–27, FBT Simplification, Foreign Investment Funds, and Remedial Measures) Bill
This Bill sets the annual tax rates for the 2026–27 tax year and proposes changes intended to simplify compliance, improve the operation of tax legislation, and address remedial matters.
Proposals in the Bill include:
- simplifying how FBT applies to motor vehicles
- improvements to the foreign investment fund rules
- improvements to the financial arrangements rules to attract highly skilled people to New Zealand
- changes to the tax settings for taxable not-for-profits
- amendments to the Research and Development Tax Incentive
- amendments to the withholding tax rules for payments to non-resident contractors
- updating the thin capitalisation threshold for foreign-owned banking groups
Bill introduced on 10 September 2026
Supporting content
This section provides supporting policy information and explanatory material to help readers understand the Bill and its proposed changes.
| Content summary | Date | Bill progress |
|---|---|---|
|
Explanation of proposed legislative changes, including the policy intent, key features, and how the provisions are intended to operate if enacted. |
10 September 2026 | Bill introduced |
|
Regulatory impact statements and Regulatory assessment summaries Analysis of expected impacts of policy proposals in the Bill. |
10 September 2026 |
Bill introduced |
|
Consistency accountability statement and Summary of underpinning analysis Provide information on whether the Bill is consistent or inconsistent with the principles of responsible regulation. |
10 September 2026 |
Bill introduced |
The New Zealand Parliament website is the authoritative source for information about the Bill's progress through Parliament.
For the authoritative legal text of the Bill and any enacted legislation, refer to the New Zealand Legislation website.