Implementation and Review
Personal tax changes, IETC, and R&D tax credit repeal
Under the RIS requirements, this section does not need to be completed in respect of tax policy changes. Implementation issues for each of these are discussed above.
KiwiSaver
A comprehensive communications programme outlining the scope and implementation timeline will be developed. This will ensure that the proposals are signalled in advance and affected parties have sufficient time to adjust.
KiwiSaver is also the subject of a comprehensive Joint Evaluation Strategy. This process will provide quantitative and qualitative data on the impact that KiwiSaver (including the current proposals) has had on savings activity. It will also provide data on the recent PIE tax-related savings changes. However, a full evaluation of results will not be available until 2013.
