22 April 2016 Proposed measures aim to simplify New Zealand's tax system from April 1, 2017 The New Zealand Government has announced proposed changes to simplify the business tax system that would take effect from April 1, 2017. The issues paper proposes new measures relating to provisional tax, withholding tax paid by contractors, late payment penalties, fringe benefit tax and various other supplementary measures. A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details. Document ID: 2016-0738 |