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

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This omnibus bill contains taxation amendments aimed at setting the annual rates of income tax for the 2021-22 tax year, improving current tax settings within a broad-base low-rate framework, and improving the settings for tax administration, the goods and services tax regime, KiwiSaver, and social policy rules administered by Inland Revenue.