In recent months, as New Zealand has confronted the threat of coronavirus, the tax system has played a huge role in minimising the economic fallout from the pandemic, and it will continue to play a big role in supporting the recovery of the economy. So a well-functioning tax system is a crucial asset as it will help position us well for economic recovery. This bill is about continuing to do sensible things to support business while maintaining the integrity of the tax system. I will now provide an overview of the proposals in the bill.