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The government issues a paper canvassing options for changign tax to non-controlled offshore investment in equity by NZers.

FBT on the private use of company-owned cars is to be reduced.

Chile is the first Latin American country to have a double tax agreement with NZ

The government restores free post for business GST, PAYE and FBT payments.

18 November 2003Media Statement
FBT rate for low-interest loans down

The government has released a discussion document with proposals to reduce the tax barriers to international recruitment.

The double tax agreement with the UK is being updated to provide better information-sharing.

Foreigners and returning Kiwis may be given a tax holiday on their overseas income.

The government will simplify the tax rules relating to non-resident contractors.

The government launches a discussion document to ease tax compliance costs for small business.

The Government has released a discussion document with proposals to reduce tax compliance costs for small businesses.

Recent research shows small businesses prefer to pay provisional tax and GST together, and base provisional tax on GST turnover.

Employees earning less than $9,500 a year will attract an SSCWT rate of 15 per cent under changes to the tax bill.

25 August 2003Media Statement
FBT rate for low-interest loans down

The government will move to prevent New Zealand investors using certain overseas funds to escape tax.

4 August 2003Media Statement
New withholding tax rate for independent contractors in film industry

21 July 2003Media Statement
GST law on payments to local authorities to be clarified

The government undertakes to consider seriously the recommendations in the report of the Private Sector Group on R&D.

Improvements to the dispute resolutions procedues between taxpayers and the IRD up for discussion.

23 June 2003Media Statement
Major taxation bill introduced

26 May 2003Media Statement
GST overseas aid anomaly removed

26 May 2003Media Statement
Drop in deemed rate of return for foreign investment fund interests

26 May 2003Media Statement
FBT rate for low-interest, job-related loans down

The government welcomes Fairfax's decision not to pursue tax arrangements that would punch a hole in the revenue but says it will still close the loophole.