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COVID-19: Government announces tax changes to support businesses

  • NZ
  • April 15th 2020
  • By Eugen Trombitas

The Minister of Finance, the Hon. Grant Robertson, has announced tax changes as part of a suite of new measures to provide further support for businesses impacted by the COVID-19 pandemic. The measures include temporary discretionary powers for the Commissioner of Inland Revenue for a period of 18 months to modify all tax filing and payment time frames across the revenue legislation in response to COVID-19. This will allow Inland Revenue to respond quickly and flexibly to businesses struggling to meet tax deadlines as a result of COVID-19.

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