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Inland Revenue

Tax Policy

Published 10 September 2026

Budget 2026 – Information release

This information release includes documents relating to Budget 2026. 

Documents included in this information release

Item Date Title
Taxation (Budget Measures) Bill (No 3)
01 01/05/2026 Draft Cabinet paper – Taxation (Budget Measures) Bill (No 3): Approval for introduction (IR2026/143)
02 14/05/2026 Cabinet paper –Taxation (Budget Measures) Bill (No 3): Approval for Introduction (LEG-26-SUB-0094)
03 21/05/2026 Cabinet minute – Taxation (Budget Measures) Bill (No 3): Approval for Introduction (LEG-26-MIN-0094)
04 25/05/2026 Minute of Decision – Report of the Cabinet Legislation Committee: Period Ended 22 May 2026 (CAB-26-MIN-0178)
05 04/06/2026 Briefing note – Budget Bill: Summary of Committee of the whole House (BN2026/172)
Budget 2026 reporting
06 19/03/2026 Policy report – Budget 2026: Regulatory impact statements for the Revenue portfolio (IR2026/081)
2026 Budget Economic and Fiscal Update
07 16/10/2025 Finance report – 2025 October Baseline Update submission for Vote Revenue (IR2025/372)
08 21/11/2025 Finance report – 2025 Half Year Economic and Fiscal Update for nondepartmental expenditure appropriations (IR2025/408)
09 27/11/2025 Finance report – Approach to Budget 2026 and the 2026 Performance Plan (IR2025/457)
10 10/12/2025 Finance report – Budget 2026 initiative submission for the Revenue portfolio (IR2025/458)
11 16/02/2026 Finance report – 2026 March Baseline Update submission for Vote Revenue (IR2026/007)
12 16/02/2026 Finance report – 2026 Preliminary Budget Economic and Fiscal Update for the Research and Development Tax Incentive appropriation (IR2026/032)
13 19/02/2026 Finance report – Vote Revenue Ministerial Certification of Contingent Liabilities and Contingent Assets as at 31 December 2025 (IR2025/504)
14 19/02/2026 Finance report – 2026 Preliminary Budget Economic and Fiscal Update for non-departmental expenditure appropriations (IR2026/024)
15 25/02/2026 Finance report – Output performance measures and targets for the 2026–27 financial year (IR2026/027)
16 16/04/2026 Finance report – Vote Revenue: 2026 Budget Economic and Fiscal Update for the Research and Development Tax Incentive appropriation (IR2026/070)
17 20/04/2026 Finance report – Vote Revenue: 2026 Budget Economic and Fiscal Update for non-departmental expenditure appropriations (IR2026/077)
18 01/05/2026 Finance report – Budget 2026 Estimates for Vote Revenue – Vote Minister sign-off (IR2026/139)
19 26/05/2026 Finance report – Vote Revenue: 2026 June Technical Adjustment Request (IR2026/154)
Charities and not-for-profit (including donation tax credit change)
20 20/03/2024 Policy report – Charities and not-for-profits overview (IR2024/110)
21 10/04/2024 Policy report – Volunteers and honoraria: advice and response to the Minister for the Community and Voluntary Sector (IR2024/161)
22 17/07/2024 Policy report – Tax policy options for the not-for-profit sector (IR2024/237)
23 17/07/2024 Policy report –The income tax treatment of not-for-profit member transactions and options for simplification (IR2024/238)
24 30/08/2024 Policy report – Charity business income tax exemption (IR2024/199, T2024/2396)
25 20/09/2024 Briefing note – Overview of ‘charitable purpose’ under the Charities Act 2005 (BN2024/387, CVS20244176)
26 20/09/2024 Policy report – Donation tax concession caps (IR2024/359)
27 20/09/2024 Policy report – Donor-controlled charities (IR2024/360)
28 05/12/2024 Policy report – Charities and not-for-profits: Proposed 2025public consultation (IR2024/454)
29 11/12/2024 Briefing note – Charities and not-for-profits consultation: Scope and timing changes (IR2024/504)
30 11/12/2024 Policy report – Reducing expenditure on donation tax concessions (IR2024/482, T2024/3292)
31 31/01/2025 Briefing note – Summary of the “charity business income tax exemption” issue (BN2025/032)
32 07/02/2025 Briefing note –Taxation and the not-for-profit sector: Updated officials’ issues paper and timeline (BN2025/042)
33 10/02/2025 Briefing note – Revenue impact of charity business income and other not-for-profit income tax exemption proposals (BN2025/047)
34 11/02/2025 Briefing note – Reducing expenditure on donation tax credits - follow up advice (BN2025/044)
35 13/03/2025 Policy report – Reducing expenditure on donation tax credit – further advice on options (IR2025/079, T2025/635)
36 21/03/2025 Taxation of not-for-profits: Possible in-principle decisions (BN2025/135)
37 28/03/2025 Reducing expenditure on donation tax credits – impact if school activity donations are treated differently (BN2025/149)
38 31/03/2025 Reducing expenditure on donation tax credits – delivery of an option to retain current donation tax credit entitlements for school donations (BN2025/155)
39 04/04/2025 Taxation and the not-for-profit sector –submission summary and next steps (IR2025/146)
40 17/04/2025 Charities and NFPs tax issues announcements (IR2025/169)
41 06/05/2025 Not-for-profits: Inland Revenue advice to submitters and stakeholders (BN2025/213)
42 28/08/2025 Taxation and the not-for-profit sector: Recommendations from officials (IR2025/257)
43 28/08/2025 Taxation and the not-for-profit sector: Supplementary Report (IR2025/258)
44 16/10/2025 Taxation and the not-for-profit sector: Draft media statement, Q&A and proactive release (BN2025/385)
45 16/10/2025 Taxation and the not-for-profit sector: Timelines and consultation (BN2025/411)
46 30/10/2025 Not-for-profits: Inland Revenue advice to the sector during targeted consultation (BN2025/443)
47 25/02/2026 Taxation and the not-for-profit sector: Virtual meetings with submitters (BN2026/060)
48 13/03/2026 Taxation and the not-for-profit sector: Interim update and possible lines of communication (IR2026/083)
49 09/04/2026 Taxation and not-for-profit sector draft Regulatory Impact Statements (BN2026/119)
Non-resident contractors' tax exemption for aircraft asset leasing
50 24/09/2025 Non-resident contractors' tax: asset leasing (IR2025/364)
51 28/01/2026 Non-resident contractors’ tax: Budget 2026 policy options for aircraft asset leasing (BN2026/001)
Company loans to shareholders
52 09/10/2024 Integrity measures (making imputation work) (IR2024/383, T2024/2730)
53 11/12/2024 Advice on integrity measures (IR2024/423, T2024/3336)
54 14/05/2025 Loans to shareholders – case studies and data from company liquidations (IR2025/165)
55 09/09/2025 Timeframes and smoothing options for company loans to shareholders (BN2025/378)
56 06/10/2025 Taxation of loans made by companies to shareholders - revised Cabinet paper and issues paper (BN2025/406)
57 21/10/2025 Shareholder loans - information for joint Ministers’ meeting on 23 October (BN2025/425)
58 06/11/2025 Shareholder loans design features (IR2025/440)
59 24/11/2025 Consulting on the taxation of loans made by companies to shareholders – Release of consultation paper (CBC-25-SUB-0064)
60 24/11/2025 Taxation of Loans Made by Companies to Shareholders: Release of Consultation paper (CBC-25-MIN-0064)
61 28/11/2025 Report of the Cabinet Business Committee: Period Ended 28 November 2025 (CAB-25-MIN-0428)
62 19/02/2026 Shareholder loans – consultation feedback and next steps (BN2026/055)
Working for Families: Family scheme income and residence requirements
63 29/10/2025 Working for Families: Changes to residency requirements, information sharing and definition of income (IR2025/379, T2025/2673, REP/25/10/818)
64 09/04/2026 BUDGET SENSITIVE: Fiscal implications in Working for Families report IR2026/090 (BN2026/121)
65 09/04/2026 Working for Families: Design decisions to simplifying the definition of family scheme income and residence requirements (IR2026/090)
66 15/04/2026 BUDGET SENSITIVE: Policy Decisions in Working for Families report IR2026/090 (IR2026/128)
67 08/05/2026 Budget Bill - Family scheme income legislative flexibility (BN2026/148)
Foreign Investment Funds changes
68 08/04/2025 Timeframes for further FIF changes and migrant related reforms – Phase One and Two (IR2025/161)
69 21/08/2025 Reducing tax barriers to retaining and attracting highly skilled people: phase two (IR2025/345)
70 19/11/2025 Reducing tax barriers to retaining and attracting people with skills and capital: policy decisions (IR2025/405)
71 26/02/2026 Going for Growth Ministers' meeting 11 March (BN2026/067)
Changes to financial arrangements due to support migrants
72 11/11/2025 Financial arrangements rules – options to support new migrants (IR2025/431)
73 31/03/2026 Financial arrangements rules – decisions on migrant-specific proposals following consultation (IR2026/053)
Non-resident contractors' tax modernisation
74 09/03/2026 Targeted consultation outcomes on proposals to modernise and simplify non-resident contractors’ tax (IR2026/026)
75 15/04/2026 Information on non-resident contractors’ tax for the joint Ministers meeting on 20 April (BN2026/122)
Research and Development Tax Incentive changes
76 06/11/2025 Options for enhancing the Research and Development Tax Incentive (IR2025/376, REQ-0019154)
77 20/11/2025 RDTI: Information further to 6 November 2025 report (BN2025/452)
78 01/12/2025 RDTI Ministers' Meeting (BN2025/482)
79 10/12/2025 RDTI – Options to progress (IR2025/491, REQ-0024980)
80 18/02/2026 RDTI options for Budget 2026 (IR2026/040, REQ-0027276)
81 05/03/2026 RDTI and internal software (BN2026/073)
Fringe benefit tax changes
82 27/05/2025 Fringe benefit tax review update (IR2025/220)
83 05/03/2026 Fringe benefit tax review – options to progress (IR2026/069)
Changes to thin capitalisation rules for foreign-owned banking groups
84 09/04/2025 Determining Funding Costs of Permanent Establishments of Foreign Banks (IR2025/100)
85 31/07/2025 Determining Funding Costs of Branches of Foreign Banks (IR2025/331)
86 03/09/2025 Communications Plan for Consultation on Determining Funding Costs of Permanent Establishments of Foreign Banks (BN2025/347)
87 27/11/2025 Determining Funding Costs of Branches of Foreign Banks (IR2025/464)
88 12/12/2025 Approval to consult on changes to taxation rules for foreign-owned New Zealand banking groups (IR2025/493)
89 13/03/2026 Changes to tax rules for foreign-owned New Zealand banking groups (IR2026/066)

 

Considered but discontinued projects
Investment Boost
90 11/09/2025 Extending Investment Boost to certain residential buildings (IR2025/348, HUD2025-007930)
91 10/12/2025 Extending Investment Boost to build-to-rent developments (IR2025/468, HUD2025-008735)
Software subsidy for small businesses
92 10/12/2025 Software subsidy for small businesses (IR2025/475)