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Budget 2025 | The Government has announced proposed changes to Working for Families, KiwiSaver and has announced Investment Boost: an immediate tax deduction when acquiring new assets. Find out more: www.budget.govt.nz

The Government’s tax and social policy work programme sets out our policy focus. The priorities in the work programme are:

  • Supporting economic growth and productivity.
  • Raising revenue to fund growth and productivity enhancing measures.
  • Enhancing the fairness and integrity of the tax and social policy system.

The focus areas in the work programme are:

  • Simplifying tax to reduce compliance costs for individuals and businesses.
  • Addressing integrity risks to increase customer compliance and improve the collection of unpaid taxes owed.
  • Advancing the digital ecosystem, including increased simplicity for customers through enabling digital intermediaries and co-designing solutions with businesses and intermediaries.
Last updated: 09 Jan 2025
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