Tax Watch: Budget 2026 edition
Client alertThis special edition of Tax Watch summarises everything you need to know about Budget 2026.

Understanding what IR is looking for, rectifying your tax processes to meet regulatory expectations and taking a proactive approach can minimise significant risks to your business.
If you’ve identified an issue, our team can help you make a voluntary disclosure as this has several advantages depending on your circumstances; these might include penalty reductions or lower interest charges, reduced risk of prosecution and an improved relationship with Inland Revenue.
We understand what the Inland Revenue is looking to achieve through its reviews, including industry specific areas of taxation, and how these must be reflected in your processes and documentation. We’re across the latest Inland Revenue developments and have a clear understanding of what is on the horizon so you can be ready early.
Our team helps organisations of all sizes and industries meet the full range of tax reviews and tax audits undertaken by local and global regulators. If you’re at an early review stage with Inland Revenue, or an issue has escalated to a dispute, we work with you to present your tax documentation and procedures in accordance with regulatory requirements, to achieve the best possible outcome for you and your business.
Mitigate tax risks and implement best practice governance that will stand up to IRD scrutiny and audits.
Mitigate tax risks and implement best practice governance that will stand up to IRD scrutiny and audits.
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This special edition of Tax Watch summarises everything you need to know about Budget 2026.
A global minimum tax has been introduced, which ensures that large multinationals pay at least 15% tax in all the jurisdictions they operate. This will have the effect of “reducing the incentive for profit shifting and placing a floor under tax competition, bringing an end to the race to the bottom on corporate tax rates,” as the OECD explains.
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.