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

At the end of the tax year, you can claim expenses depending on what type of income you receive. 

Claiming expenses incurred in generating income reduces your taxable income, which lowers the total amount of tax you need to pay. It’s important to claim the correct expenses to make sure you pay the right amount of tax at the end of the year. 
 
Last updated: 25 Sep 2024
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