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Inland Revenue
Inland Revenue
Inland Revenue

Tax Policy

Bill progress
As at 20 May 2022
Introduced 8 September 2021
Enacted 30 March 2022
Stage Enacted
New Zealand legislationParliament information on the Bill

Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill

Enacted as the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 on 30 March 2022.

Stage before Parliament Date
Introduction 8 September 2021
First reading 23 September 2021
Closing date for submissions 9 November 2021
Presentation/report back 3 March 2022
Second reading (report back debate) 8 March 2022
Committee of the whole House 15 March 2022
17 March 2022
Third reading 29 March 2022
Assent 30 March 2022
 
Related announcements Date
Tax Bill introduced 8 September 2021
Government releases interest limitation proposals 28 September 2021
Commentary on Supplementary Order Paper released 12 October 2021
Tax Bill reported back 3 March 2022
Tax Bill passed 30 March 2022
Special reports on measures in new legislation
 31 March 2022
Special report on FDR foreign currency hedges 28 April 2022
Related publications Date
Bill as introduced 8 September 2021
Departmental disclosure statement 8 September 2021
Regulatory impact assessments and statements 8 September 2021
Commentary on the Bill 8 September 2021
Supplementary Order Paper No 64 28 September 2021
Supplementary departmental disclosure statement 28 September 2021
Regulatory impact assessment – Limiting interest deductibility on residential investment property 28 September 2021
Interest limitation information sheets 28 September 2021
Commentary on Supplementary Order Paper No 64 12 October 2021
Information release – Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill 27 October 2021
Bill as reported back 3 March 2022
Select committee report on the Bill 3 March 2022
Officials' report on submissions 3 March 2022
Supplementary Order Paper No 134 9 March 2022
Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 30 March 2022
Special report on Interest limitation and additional bright-line changes
 31 March 2022
Special report on FBT - pooled alternate rate option
 31 March 2022
Special report on Fair dividend rate foreign currency hedges 28 April 2022 
Information release - Taxation of housing: limiting interest deductions for residential property and changes related to the bright-line extension
 20 May 2022