Taxation (Income Tax Rate and Other Amendments) Bill

enacted

Search within this Bill

Hon David Parker

Taxation (Income Tax Rate and Other Amendments) Bill

Government Bill

2—1

	Explanatory note
1	Title
2	Commencement
	Part 1 Income tax rate amendments
3	Application
	Amendments to Income Tax Act 2007
4	Income Tax Act 2007
5	Section RD 10 amended (Amounts of tax for PAYE income payments)
6	Section RD 17 amended (Payment of extra pay with other PAYE income payments)
7	Section RD 50 amended (Employer’s liability for attributed benefits)
8	Section RD 52 amended (Calculation for certain employees when information lacking)
9	Section RD 53 amended (Pooling non-attributed benefits)
10	Section RD 58 amended (Single rate option)
11	Section RD 59 amended (Alternate rate option)
12	Section RD 60 amended (Close company option)
13	Section RD 61 amended (Small business option)
14	Section RD 67 amended (Calculating amounts of tax for employer’s superannuation cash contributions)
15	Section RL 4 amended (How much RLWT?)
16	Schedule 1, part A, table 1 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
17	Schedule 1, part C, table 1 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
18	Schedule 1, part D, table 1 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
19	Schedule 1, part D, table 2 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
20	Schedule 1, part D, table 3 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
21	Schedule 1, part D, table 4 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
22	Schedule 1, part D, table 5 amended (Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits)
23	Schedule 2, part A amended (Basic tax rates for PAYE income payments)
	6B	“SA” tax code
24	Schedule 2, part B, table 1 amended (Basic tax rates for PAYE income payments)
25	Schedule 6, table 2 amended (Prescribed rates: PIE investments and retirement scheme contributions)
	Amendments to Tax Administration Act 1994
26	Tax Administration Act 1994
27	Section 28C amended (Person advising retirement savings scheme of retirement scheme prescribed rate)
28	Section 48B amended (Reconciliation statement for retirement scheme contribution withholding tax)
29	Schedule 4, table 1 amended (Reporting of employment information)
30	Schedule 5, part A, clause 1 amended (Certain tax codes and rates)
31	Schedule 5, part A, tax code table amended (Certain tax codes and rates)
	Part 2 Other amendments
	Amendments to Tax Administration Act 1994
32	Tax Administration Act 1994
33	New section 17GB inserted (Commissioner may require information or production of documents for tax policy development)
	17GB	Commissioner may require information or production of documents for tax policy development
34	Section 59 amended (Disclosure of trust particulars)
35	New sections 59BA and 59BAB inserted
	59BA	Annual return for trusts
	59BAB	Commissioner may require trust information for period after 2013–14 income year
	Amendments to Income Tax Act 2007
36	Income Tax Act 2007
37	Section ME 1 amended (Minimum family tax credit)
38	Section YA 1 amended (Definitions)

The Parliament of New Zealand enacts as follows:

New Zealand Legislation

List of access keys

Quick search

My recent searches

Taxation (Income Tax Rate and Other Amendments) Bill

Taxation (Income Tax Rate and Other Amendments) Bill

Contents