New Zealand


  • Service: Tax
  • Type: Business and industry issue
  • Date: 1/04/2011


Our tax advisory team has the skills and commitment to help you to be competitive and compliant in all areas of business tax.

Taxmail - 1 April tax changes 

Issue 1, April 2011


There have been a raft of tax changes, mainly from last year’s Budget, that will have implications for businesses in the year ahead.


These include:

  • a drop in the company tax rate cut to 28%
  • loss of tax depreciation on buildings
  • a reduction in the inbound "thin capitalisation" ratio
  • changes to the loss attributing qualifying company regime
  • significant GST changes, including zero-rating rules for land transactions and new change of use rules. 
Download Now
PDF files require Adobe Reader to view

This taxmail consider the various practical issues for businesses, arising from these 1 April changes.


Contact us

If you would like further information on the new tax changes, or would like to discuss potential tax saving opportunities, please contact your regular KPMG advisor or



Peter Scott
Partner – Tax
+64 9 367 5852

John Cantin
Partner – Tax
+64 4 816 4518



Taxmail - Comment on topical tax issues from KPMG NZ Tax. 

Sign up now

Subscribe to selected content and receive email alerts when new content is available for viewing on this site.


Already a member? Login


Not a member? Register