Budget 2026 Tax Changes Boost NZ Innovation, Investment, and Compliance

Budget 2026 introduces targeted tax changes to support economic growth, including improvements to the Research and Development Tax Incentive for quicker payments and tighter software expenditure caps, as well as adjustments to Foreign Investment Fund rules to simplify offshore investing. It also simplifies fringe benefit tax compliance, strengthens tax system integrity by taxing outstanding shareholder loans after company liquidation, and updates thin capitalisation rules for foreign-owned banks. Additionally, the Government is investing $15 million annually in Inland Revenue compliance efforts to enhance tax collection, contributing to funding public services.