Taxation (Annual Rates for 2026-27, FBT Simplification, Foreign Investment Funds, and Remedial Measures) 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 bill sets the annual rates of income tax for the 2026-27 tax year. It also contains proposals aimed at improving current settings within a broad-base, low-rate framework, and improving the settings for tax administration, the goods and service tax regime, KiwiSaver, and social policy rules administered by Inland Revenue.