Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2008
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Version as at 31 March 2026
Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2008
(SR 2008/43)
Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2008: revoked, on 31 March 2026, pursuant to section 253(a) of the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Act 2026 (2026 No 8).
Anand Satyanand, Governor-General
Order in Council
At Wellington this 25th day of February 2008
Present:
His Excellency the Governor-General in Council
Note
The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.
Note 4 at the end of this version provides a list of the amendments included in it.
These regulations are administered by the Inland Revenue Department.
Pursuant to section ND 1F of the Income Tax Act 2004, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.
Regulations
1 Title
These regulations are the Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2008.
2 Commencement
These regulations come into force on the day after the date of their notification in the Gazette.
3 Principal regulations amended
These regulations amend the Income Tax (Fringe Benefit Tax, Interest on Loans) Regulations 1995.
4 Schedule 1 amended
Schedule 1 is amended by adding the following item:
| Quarter commencing 1 April 2008, and subsequent quarters | 10.57 |
Rebecca Kitteridge,
for Clerk of the Executive Council.
Explanatory note
This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the day after their notification in the Gazette, amend the Income Tax (Fringe Benefit Tax, Interest on Loans) Regulations 1995. They increase the rate of interest that applies for fringe benefit tax purposes to employment-related loans from 10.37% to 10.57% for the quarter commencing on 1 April 2008 and for subsequent quarters.
Date of notification in Gazette: 28 February 2008.
Notes
1 General
This is a consolidation of the Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2008 that incorporates the amendments made to the legislation so that it shows the law as at its stated date.
2 Legal status
A consolidation is taken to correctly state, as at its stated date, the law enacted or made by the legislation consolidated and by the amendments. This presumption applies unless the contrary is shown.
Section 78 of the Legislation Act 2019 provides that this consolidation, published as an electronic version, is an official version. A printed version of legislation that is produced directly from this official electronic version is also an official version.
3 Editorial and format changes
The Parliamentary Counsel Office makes editorial and format changes to consolidations using the powers under subpart 2 of Part 3 of the Legislation Act 2019. See also PCO editorial conventions for consolidations.
4 Amendments incorporated in this consolidation
Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Act 2026 (2026 No 8): section 253(a)
Versions
Income Tax (Fringe Benefit Tax, Interest on Loans) Amendment Regulations 2008
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