20% company tax rate for small and medium businesses
What it actually does
NZ First would cut the company tax rate from 28% to 20% for companies with turnover under $30 million. The party estimates an initial annual fiscal cost of about $1 billion.
Source: nzfirst.nz · 2026-09
The Trump take
“Twenty percent! I cut corporate tax to 21 and it was the greatest economy in history. Now they're going lower? I respect it.”parody
Why it scored this way
Taxes
Big company tax cut
+2
Loves it
On the same topics
Budget 2024 income tax cuts and landlord interest deductibility
Budget 2024 delivered income tax relief averaging about $3.7 billion a year and restored the ability of residential landlords to deduct mortgage interest. The government said it funded the package partly through public service savings and cancelling some previous programmes.
Remove the ETS charge from fuel
NZ First would abolish the Emissions Trading Scheme charge on fuel over the next term, which it says added about 12 cents a litre to petrol and 14 cents to diesel over the past year. The party says the ETS took $850 million from consumers and businesses for carbon credits in that period.
Repeal the Zero Carbon Act and end net zero
ACT would repeal the Zero Carbon Act and drop the 2050 net zero target, replacing it with an emissions cap tied to major trading partners, remove the ETS auction price floor and return net carbon auction revenue to households as a refund. It opposes pricing agricultural emissions and says New Zealand should be prepared to leave the Paris Agreement if it cannot be renegotiated.