Square metre rate for home office calculations 2026
For the 2026 income year (1 April 2025 to 31 March 2026), the prescribed square metre rate for calculating home office expenses is $57.30.
Inland Revenue is introducing new ways to address tax debt
Inland Revenue has implemented two new methods to deal with overdue tax debt. The first is automated calls or voicemail messages to around 2,000 taxpayers who have outstanding debts over $100. The calls will take place between mid to late June from IR’s official number: 0800 951 758.
And some clients with older tax debts that have been outstanding for more than six months may be contacted by Baycorp, which has been engaged as a third‑party debt collection agency.
Upcoming changes to how taxpayer ruling applications are submitted
The change only affects how applications are submitted—there are no changes to the information required or the ruling process itself, though most paper forms will be retired while existing email channels remain for general communication.
Murray Brewer says the Election 2026 tax debate is shaping up to be one of the most significant in decades. From capital gains and wealth taxes to land taxes, KiwiSaver reforms and compliance simplification, the competing visions from National, Labour, the Greens, Te Pāti Māori and TOP reveal starkly different futures. But Murray says the real story isn't just policy, it's coalition negotiations. Read his article to discover which tax proposals are most likely to survive and what they could mean for businesses, investors and households.
Earlier this year, Inland Revenue released a consultation paper about the tax treatment of software expenditure. If your business continues to invest in SaaS and other cloud platforms, potential reforms aimed at simplifying the rules and reducing compliance costs could be on the way. Tax Partner, Sam O’Connor explains why the treatment of software is under review and the practical steps your business can take now to stay ahead of any changes that might be on the horizon.
For retirement villages, there’s one area of complexity where the correct treatment can really pay dividends, and that’s GST. However, it can get complicated for retirement village operators; it’s easy to get wrong and can be very expensive to fix.