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Planned myIR outage We’re carrying out maintenance work on myIR over the weekend, and there may be an outage or disruption of service between midnight and 4am Sunday morning.

Budget 2024 | The Government has confirmed changes and provided more information on FamilyBoost. Find out more: FamilyBoost

Budget 2024 | The Government has confirmed changes to personal income tax, the independent earner tax credit, in-work tax credit, and the minimum family tax credit. Find out more: Personal income tax threshold changes

Any expenditure incurred in relation to a foreign petroleum mining operation is only able to be offset against foreign-sourced income from petroleum mining operations. A tax credit for decommissioning of foreign petroleum mining operations is limited to New Zealand income tax paid on those operations.

New Zealand legislation

Income Tax Act 2007 Sections DT 1A, DT 20 (deductions), CT 5 (income) and LT 2
Last updated: 28 Apr 2021
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