The annual tax rates and remedial matters Bill has been re-introduced today.

It is the same as the annual tax rates and remedial matters Bill introduced last week, but without the proposal to standardise the application of GST to fees and services of managed fund providers.

The Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Bill (No2) will be referred to a select committee for consideration and submissions, and will be passed by 31 March, 2023.

This is an annual Bill that confirms the taxation rates for the coming year and tidies up tax legislation.

The Bill contains more than 190 provisions changing the tax law spread over 9 main measures and a range of remedial amendments.

The full Bill can be viewed here:

Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Bill (No 2) 164-1 (2022), Government Bill Contents – New Zealand Legislation

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