The Wellbeing Budget

Investing in New Zealand

Initiatives: Closing loopholes and making systems fairer

GST Treatment for Telecommunication Services: Aligning the Rules

$-71.5 million operating
This initiative will generally align the GST treatment for telecommunication services with current rules for taxing remote services. In particular, international roaming services for New Zealanders travelling overseas will be subject to GST.

Superannuation and Veteran's Pension: Modernising and Simplifying

$-114.2 million operating
This initiative provides funding to implement system changes so that people's entitlement is based primarily on their own circumstances rather than on their partner's. There will be savings to the Crown from these changes, which will continue to increase in out-years.

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