New Zealand 2025 Budget introduces significant tax reforms

29 May 2025|Tax Alerts, Legislation & Policy, National/Federal Taxation, Global|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.
Employers with New Zealand staff members will need to ensure these changes are accurately reflected…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.