Corporate tax relief still on ‘pro-growth’ Budget agenda

Nicola Willis briefed journalists on the impact of US tariffs in her Beehive office today. (Image: NZME)

Tue, 08 Apr 2025

Corporate tax relief remains on the agenda for the Government’s annual Budget on May 22, although it may not come in the form of a cut to the corporate tax rate, based on signals from the Minister of Finance, Nicola Willis.Asked whether corporate tax relief remained on the table, despite it implying lost tax revenue in a Budget made more difficult by slower local and global growth, Willis said: “What I’ve always said is that I’m interested in competitive tax settings.”Her comments came at a briefing called at short...

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