EYEY

New Zealand 2025 Budget introduces significant tax reforms

|Tax Alerts, Legislation & Policy, Na ...|New Zealand
New Zealand

  • On 22 May 2025, the New Zealand Government delivered the 2025 Budget, which includes several key tax announcements.
  • The "Investment Boost" proposal is expected to affect most New Zealand taxpayers, allowing for a 20% acceleration of tax depreciation deductions.
  • Several other proposals, including changes to Fringe Benefit Taxes and thin-capitalization settings, have been announced but not yet enacted…

Continue Reading