Tax simplifying bill passes first reading

  • 14/10/2015
(File)
(File)

A bill the government says will make the lives of taxpayers easier has passed its first reading in the parliament.

The bill is part of a staged rollout of Inland Revenue's business transformation programme, which will reform and modernise the way the department works.

Revenue Minister Todd McClay says the bill will allow modern electronic communication to replace paper-based requirements.

"Other measures are aimed at simplifying the tax rules to make taxpayers' lives easier," Mr McClay said.

"These will help open the way for a modern tax administration system that will make it easier for people to get their tax right."

The Taxation (Transformation: First Phase Simplification and Other Measures) Bill passed its first reading unanimously on Tuesday night.

It has been sent to the finance and expenditure select committee for public submissions.

NZN