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<p>The Government has today released its updated tax policy <a href="/work-programme">work programme for 2021–22</a>. The work programme follows the strategic direction for revenue policy as set out in the Government's <a href="https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.treasury.govt.nz%2Fsites%2Fdefault%2Ffiles%2F2021-05%2Fb21-wellbeing-budget.pdf&data=04%7C01%7CWendy.Watkin%40ird.govt.nz%7Caa1bc1ee60c540d053a408d94b0193d4%7Cfb39e3e923a9404e93a2b42a87d94f35%7C1%7C0%7C637623292632500335%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=VJd9UFn1gNa4y8gNXu%2FDwicsUqFC7h0Vd2iHIg6%2FFcU%3D&reserved=0">revenue strategy</a> and continues the Government's focus on a fair and progressive tax system that aims to reduce inequality, while supporting the Government's overarching policy objectives for the next three years, which are to:</p>
<ul>
<li>keep New Zealanders safe from COVID-19</li>
<li>accelerate our economic recovery, and
</li>
<li>lay the foundations for a better future.</li>
</ul>
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