Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2023 – Information release

1. IR2023/004 – Policy report: Increase in FBT prescribed rate of interest (26 January 2023) 
2. LEG-23-SUB-0008 – Cabinet paper: Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2023 (23 February 2023) 
3. LEG-23-MIN-0008 – Minute: Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2023 (23 February 2023) 

The Cabinet paper was considered by the Cabinet Legislation Committee on 23 February 2023 and confirmed by Cabinet on 27 February 2023.

One attachment to the Cabinet paper is not included in this information release as it is publicly available:

• Order in Council: Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2023