New Zealand Inland Revenue is seeking public feedback on its draft 2025 Long-Term Insights Briefing, which explores the impact of fiscal pressures on the tax system and options to strengthen fiscal resilience.
New Zealand Inland Revenue has opened a public consultation on a draft 2025 of Inland Revenue’s long-term insights briefing (LTIB) on 26 June 2025.
The draft briefing examines how increasing fiscal pressures may affect New Zealand’s tax system and considers potential changes to improve its fiscal resilience.
The closing date for public consultation is 1 September 2025.
Long-term insights briefings are future-focused think pieces that government departments produce every three years. They provide information on long-term trends, risks and opportunities as well as possible policy responses. The briefings are developed by departments independently of ministers and are not current government policy.
Draft long-term insights briefing explores the implications of rising fiscal pressures for New Zealand’s tax system and what changes could be made to our tax system to enhance fiscal resilience. It looks at the underlying economic factors that different tax bases can tax and the pros and cons of various tax system design choices.
Earlier, New Zealand’s Inland Revenue consulted on the scope of its next long-term insights briefing (LTIB).
