Taxation of transfers from overseas pension schemes

From 1 April 2026 a person transferring their overseas pension fund to certain New Zealand superannuation schemes can elect to have the scheme pay the tax due on the transfer on their behalf.

Further information is available in this commentary from when the Bill was introduced.

Taxation (Annual Rates for 2024 −25, Emergency Response, and Remedial Measures) Bill (Tax Policy)

More information will be available on our website leading up to 1 April 2026.