RIS Pack – Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill
Regulatory impact statements for the Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill. September 2011.
- Simplifying filing requirements for individuals and record-keeping requirements for businesses
- Tax treatment of profit distribution plans
- Making KiwiSaver more cost effective (published in May 2011 as part of the Taxation (Annual Rates and Budget Measures) Bill - RIS 1 - KiwiSaver)
- Tax minimum equity rules for foreign-owned banks
- Non-resident film renters’ tax
- Extending eligibility for the in-work tax credit to certain shareholder-employees
- Liquidators and receivers changing GST accounting basis
- GST and late payment fees.