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Tax changes - Budget 2011
Ngā ture tāke hou
Budget changes go live 1 April 2012

Employers

The ESCT (employer superannuation contribution tax) exemption is changing from 1 April 2012.

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KiwiSaver and superannuation for individuals

The changes announced mainly involve a reduction to the Government's tax credit contribution to KiwiSaver.

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Portfolio investment entities (PIEs)

The Government has introduced changes to the PIE rules for non-residents and new residents.

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Working for Families

The abatement rate and abatement threshold will change, along with other changes from 1 April 2012.

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Student loans

There are changes to improve how student loans are repaid, managed and administered from April 2012.

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Budget 2010 changes

Read about Budget 2010 changes, which included the GST rate increase, PAYE rates reduction and Qualifying Company reforms.

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Date published: 30 Jan 2012

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