New Zealand's Budget 2018 was tabled in Parliament on 17 May 2018. The main tax-related initiatives of the Budget include:
- Loss ring-fencing - This initiative will help level the playing field between home buyers and investors by ring-fencing rental losses ({News-2018-04-04/P/3-previous coverage}).
- New Model for Collection of GST on Low-value Goods - This initiative will raise more revenue from collecting GST on low-value imported goods ({News-2018-05-01/P/5-previous coverage}).
- Research and…