The Minister of Revenue declared that the approved interest rate will be decrease from 6.22% to 5.99% for calculating fringe benefit tax on low-interest loans. The new rate will be applicable from 23 November 2015.
Related Posts
New Zealand issues draft guidance on forestry income tax
October 28, 2026
New Zealand’s Inland Revenue has released an exposure draft (Draft Interpretation Statement IS XX/XX), titled "Income
Read More
New Zealand: IR consults on loss carry-forward rules after ownership breach
October 27, 2026
New Zealand’s tax authority, Inland Revenue (IR), opened consultation on 16 October 2026 on an exposure draft,
Read More
New Zealand publishes ratification order of tax treaty with Croatia
October 26, 2026
New Zealand has published the Double Tax Agreements (Republic of Croatia) Order 2026, providing for the ratification of
Read MoreNew Zealand publishes ratification order of tax treaty with Slovenia
October 26, 2026
New Zealand has published the Double Tax Agreements (Republic of Slovenia) Order 2026, providing for the ratification
Read More
New Zealand rules property sale proceeds non-taxable
October 15, 2026
New Zealand’s Inland Revenue issued Technical Decision Summary (TDS) 26/18 on 1 October 2026, addressing whether
Read More
New Zealand: IRD seeks comment on draft guidance for low-value asset deductions
October 13, 2026
New Zealand’s Inland Revenue has published a draft interpretation statement, Income tax – Depreciation of low-value
Read More