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New levy rates for the Petroleum or Engine Fuel Monitoring Levy (PEFML) | | The rates for the PEFML levy decreased on 1 July 2026 from 0.69 cents per litre to 0.57 cents. This levy applies to petroleum or engine fuel specified in the Excise and Excise-equivalent Duties Table as motor spirits, diesel, biodiesel and ethyl alcohol. The full list of tariff items can be found on the Customs website. | | | |
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New Zealand Food Safety Webinar now available | | Are you importing food into New Zealand or supporting others who do? New Zealand Food Safety invites you to view their latest webinar recording: Updated Food Importing Notice: Key changes explained
This session provided an overview on the key changes in the new Food Notice: Requirements for Food Importers and Imported Food for Sale 2026, including updates to the import requirements for High Regulatory Interest (HRI) foods. | | | |
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Reduced Compensatory Interest Rate Set | | New Zealand Customs has set the reduced rate for compensatory interest at 2.72%, which came in effect on 1 July 2026.
The reduced rate is based on the Reserve Bank of New Zealand's 90-day bank bill rate. The applicable rate reflects the 90-day bank bill yield as at 30 June 2026.The reduced rate applies where clients voluntarily disclose inadvertent errors resulting in an underpayment. | | | |
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Thinking about exporting from New?Zealand? | | The Ministry for Primary Industries (MPI) Exporter Help team has developed a new Beginner's Guide to Exporting to support new and early-stage exporters of food and fibre products.
If you're exploring whether exporting is right for your product, or supporting businesses that are, this resource provides a practical overview of what's involved in exporting from New?Zealand and highlights key requirements you may need to meet.
The guide will help you to:
- understand whether export requirements may apply to your product
- find the requirements that apply to your product and target market
- identify key steps and where to get help
If you have any questions, you can contact MPI's Exporter Help team at exporterhelp@mpi.govt.nz. | | | |
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New Pae Ora (Healthy Futures) Alcohol Levy rates now in effect | | The Ministry of Health has confirmed changes to the Pae Ora (Healthy Futures) Alcohol Levy rates which took effect on 1 July 2026.
Alcohol products removed from a licensed manufacturing area or imported after midnight on 30 June 2026 will be subject to the new rates. | | | |
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MFAT Market Intelligence Reports | | The latest edition of the weekly global trade and economic update for New Zealand businesses has been published. | | | |
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