There’s a belief new tax rules will attract top tech talent to the country. 

The Government's changing the rules so migrants will only pay tax on income they actually receive.  

Currently new arrivals are taxed on estimated overseas income, even if that ends up being wrong.  

Business NZ immigration specialist Rachel Simpson told Ryan Bridge this law would ensure people coming here for a short period wouldn't get double taxed. 

She says it would make rules around people working as social media influencers clear. 

LISTEN ABOVE 

There’s a belief new tax rules will attract top tech talent to the country.&nbsp;
The Government's changing the rules so migrants will only pay tax on income they actually receive. &nbsp;
Currently new arrivals are taxed on estimated overseas income, even if that ends up being wrong. &nbsp;
Business NZ immigration specialist Rachel Simpson told Ryan Bridge this law would ensure people coming here for a short period wouldn't get double taxed.&nbsp;
She says it would make rules around people working as social media influencers clear.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Rachel Simpson: Business NZ immigration specialist on the new migrant tax rules

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/925a549d-f5b6-485e-82de-b3450175ea80/transcript