The Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill introduces reforms long championed by AmCham and the international business community.

FIF – Revenue Account Method

A practical elective for new and returning residents that taxes dividends plus part of realised gains (with loss relief). This simplifies compliance for globally mobile executives and investors—especially those with pre‑residency, unlisted holdings.

The proposals will provide welcome relief to eligible taxpayers, but could have gone further to capture a broader scope of situations. We are hopeful there will be a chance for further changes as the Bill progresses, to ensure the proposals meet the needs of a wider range of taxpayers. 

Visitor & remote work settings

Targeted exemptions linked to Visa timeframes mean short‑term business visitors and remote workers can operate from NZ without triggering full income tax or PAYE obligations for themselves or their offshore employers. Optional GST registration and integrity measures keep the system robust.

These changes reduce friction for cross‑border talent and capital—supporting NZ’s competitiveness as a hub for international business and mesh well with the US tax systems for individuals and venture capital.

Paul Dunne, Chair AmCham Tax Committee & Partner, EY.