September 2025 New Zealand
This outlines the final content changes included in this release. We recommend reviewing these changes to assess any potential impact on your existing data and business processes.
For any questions or further assistance regarding the release notes, contact Support ANZ:
- Phone:1800 074 333
Tax Office Forms 2025 changes
Area | Change | Description |
|---|---|---|
Question 20c | Add/Removed | Removed - Loans drawn down prior to 27 March 2021 Added – Phasing of interest |
Question 23 | Removed | Did the company pay insurance premiums to any overseas insurer not carrying out business in New Zealand? |
Question 23 – end | Modified | Question numbers and Question references changes due to removal of Q23 |
Question 36 | Modified | Question wording changed “If the company calculates CFC or FIF income under Question 18, see the guide for further details. Tick “Yes “ if additional disclosure is required.” |
Area | Change | Description |
|---|---|---|
Question 11L | Add/Removed | Removed - Loans drawn down prior to 27 March 2021 Added – Phasing of interest |
Area | Change | Description |
|---|---|---|
Question 7c | Add | New question “Is the return for a Disabled beneficiary trust?” |
Question 16c | Add/Removed | Removed - Loans drawn down prior to 27 March 2021 Added – Phasing of interest |
Added – Phasing of interest | Modified/Add | Label 21A, wording modified to “Beneficiary income (excluding minor and corporate beneficiaries) Label 21C, new label “Minor and corporate beneficiary income” |
Label 21C, new label “Minor and corporate beneficiary income” | Modified | Question modified to “If the estate or trust calculates CFC or FIF income under Question 13, see the guide for further details. Tick “Yes” if additional disclosure is required.” |
Question 27 | Modified | Label changed from 27AD to 27Z. |
Question 28 | Modified/Added | Did the company pay insurance premiums to any overseas insurer not carrying out business in New Zealand? |
Question 28B | Modified | Question modified to “Multiply the amount in Box 28A by the trust’s tax rate. Print the answer in Box 28B.” |
Question 28C | Modified | Question modified to “Calculate tax on the minor and corporate beneficiary income. Multiply Box 21c by 0.39 (39%). Print the answer in Box 28c” |
Question 28D | Modified | Question modified to ““Add Box 28B and Box 28C. Print the answer in Box 28D. This is the total tax payable” |
Question 28E | Modified | Question modified to “Print the trustee's share of overseas tax paid in Box 28E. See the guide for further details.” |
Question 28F | Modified | Question modified to “Subtract Box 28E from Box 28D. Print the answer in Box 28F” |
Question 28G | Modified | Question modified to “Print the trustee’s share of dividend imputation credits in Box 28G. See the guide for further details” |
Question 28H | Modified | Question modified to ““Subtract Box 28G from Box 28F. Print the answer in Box 28H. If 28G is larger than 28F print “0.00” |
Question 28I | Modified | Question modified to “Print the trustee’s share of RWT and other tax credits in Box 28I. See the guide for further details” |
Question 28J | Modified | Question modified to “Print the difference between Box 28I and Box 28H in Box 28J. If Box 28I is larger than Box 28H, the difference is a credit. If Box 28H is larger than Box 28I, the difference is a debit.” |
Question 29A | Modified | Question modified to ““Copy the total tax payable on beneficiaries' income from Box 27Z to Box 29A. Copy the total tax payable on trustees' income from Box 28J to Box 29B.” |
Question 29B | Modified | Question modified to “Copy the total tax payable on trustees' income from Box 28J to Box 29B.” |
Question 35 | Modified | Label was changed for the following questions:
|
Question 35b | Modified | Label description updated to “Land and Buildings” |
Question 35c | Modified | Label description updated to “Valuation method for Land and Buildings” |
Area | Change | Description |
|---|---|---|
Question 9 | Modified | Land and Buildings are now combined as a single question |
Question 13 | Removed | “If there has been a settlement by this settlor but it has been valued at zero tick the box” has been removed |
Area | Change | Description |
|---|---|---|
Instruction | Modified | The instruction on the form have been modified to ““The combined totals of Boxes 27I must equal the combined totals of Box 21A and 21C of the IR6 return.” |
Question 27 | Modified | Removed:
Added:
|
Question 27 | Modified | Label changed from Q27AB to Q27X |
Question 27 | Modified | Label changed from Q27AC to Q27Y |
Question 27 | Removed | “There has been a distribution to this beneficiary but it has been valued at nil” has been removed |
Question 27 | Modified | Under the “This income is subject to corporate/minor beneficiary rule” tick box, the description has been updated to “Yes (if no, only complete boxes 27K, 27M, 27O, 27Q, 27U, 27V, 27W, 27X & 27Y)” |