KPMG in New Zealand reports that the omnibus Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Bill (the “Bill”) was recently introduced. Among other measures, the Bill allows tax-free employer-provided accommodation, accommodation allowances, and payments while an employee is working away from his or her normal work-place for up to two years. However, there must be a reasonable expectation that the employee will be away for two years or less. This two-year time limit, however, can be extended in certain instances. Moreover, there has been confirmation that for overseas accommodation, the New Zealand taxable amount will be limited to the New Zealand-equivalent market rental.