Govt welcomes trustee tax rate recommendation
Only about 49,000 trusts – out of 400,000 -– will have to pay the 39% rate.
Finance Minister Nicola Willis.
Brent Edwards
Mon, 11 Mar 2024
Hot Topic
Hawke’s Bay
Low earning trusts no longer face the prospect of paying the top tax rate of 39% after Parliament’s finance and expenditure select committee recommended that those earning no more than $10,000 a year continue to be taxed at 33%.
Finance Minister Nicola Willis said she was delighted the committee
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Brent Edwards
Mon, 11 Mar 2024
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Related News
Related News
Govt welcomes trustee tax rate recommendation
Politics,
103136