Reader’s to this RIS This document covers 9 discrete proposals which have been grouped into three themes. To manage this large number of topics we have shifted the detailed analysis of each theme, and the component proposals within that theme, out of the Regulatory Analysis section and into a set of three appendices. The body of the RIS still contains an overview of the options considered but the detailed analysis of the costs, benefits, impacts and recommendations is contained in the corresponding appendix. Within the overview tables the following symbols are used: Significantly better than the status quo  Better than the status quo  No better than the status quo  than the status quo  The consultation section of the RIS provides a summary of our consultation approach with the feedback received on each proposal set out in corresponding appendix. STATUS QUO AND PROBLEM DEFINITION Inland Revenue’s transformation programme The Government’s objective for the revenue system is for it to be as fair and efficient as possible in raising the revenue required to meet the Government’s needs. For taxpayers the tax system should be simple to comply with, making it easy to get right and difficult to get wrong. It should serve the needs of all New Zealanders, put customers at the centre and help them from the start, rather than when things go wrong. The to digital and greater globalisation has reshaped how businesses and individuals interact and connect, and their expectations of government. Businesses are increasingly using software packages to automate processes and reduce their compliance burden. Businesses have consistently ranked tax as their highest compliance priority, and it often contributes the most to their overall compliance burden. Compliance costs could be reduced by making better use of businesses’ everyday processes and systems to meet tax obligations. Enabling businesses to spend less time on tax and more time on running their business will support Government’s wider goals of building a more competitive economy and delivering better public services. The ways in which individuals work has changed with different types of employment and working arrangements. The New Zealand workforce has become more casualised as permanent employment has become less common, and temporary, casual and contract work has become more prominent. Other trends include part-time and temporary workers
Reader’s to this RIS This document covers 9 discrete proposals which have been grouped into three themes. To manage this large number of topics we have shifted the detailed analysis of each theme, and the component proposals within that theme, out of the Regulatory Analysis section and into a set of three appendices. The body of the RIS still contains an overview of the options considered but the detailed analysis of the costs, benefits, impacts and recommendations is contained in the corresponding appendix. Within the overview tables the following symbols are used:  Significantly better than the status quo  Better than the status quo  No better than the status quo  than the status quo The consultation section of the RIS provides a summary of our consultation approach with the feedback received on each proposal set out in corresponding appendix. STATUS QUO AND PROBLEM DEFINITION Inland Revenue’s transformation programme The Government’s objective for the revenue system is for it to be as fair and efficient as possible in raising the revenue required to meet the Government’s needs. For taxpayers the tax system should be simple to comply with, making it easy to get right and difficult to get wrong. It should serve the needs of all New Zealanders, put customers at the centre and help them from the start, rather than when things go wrong. The to digital and greater globalisation has reshaped how businesses and individuals interact and connect, and their expectations of government. Businesses are increasingly using software packages to automate processes and reduce their compliance burden. Businesses have consistently ranked tax as their highest compliance priority, and it often contributes the most to their overall compliance burden. Compliance costs could be reduced by making better use of businesses’ everyday processes and systems to meet tax obligations. Enabling businesses to spend less time on tax and more time on running their business will support Government’s wider goals of building a more competitive economy and delivering better public services. The ways in which individuals work has changed with different types of employment and working arrangements. The New Zealand workforce has become more casualised as permanent employment has become less common, and temporary, casual and contract work has become more prominent. Other trends include part-time and temporary workers
2017-ris-areiirm-bill-5.docx