Taxation (Annual Rates for 2022-23, Platform Economy, and Remedial Matters) Bill (No 2)

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.

Policy proposals in this omnibus bill fall into three categories; the first category is to set the annual rates of income tax for the 2022-23 tax year; the second category aims at improving current settings within a broad-base, low-rate framework to help ensure that taxes are fair and efficient and impede economic growth as little as possible; and the third category relates to proposals aimed at improving the settings for tax administration, the GST regime, KiwiSaver, and social policy rules administered by Inland Revenue.