|Documents in this information release||
The Cabinet paper was considered by the Legislation Cabinet Committee on 17 November 2022 and confirmed by Cabinet on 28 November 2022.
Note: Recommendation a. in report IR2022-454 has an incorrect date. The date the new rate will be effective from, which is correctly recorded in all other documents, is 1 January 2023 and not 1 January 2022.
Cabinet paper LEG-22-SUB-0201: Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations (No 2) 2022
Information release of the Order in Council covering the increase in the rate for calculating fringe benefit tax on employer-provided, low interest loans.