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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Three retirement villages, $2.3b of profit, zero tax

Taxpayers fund pay rise for aged care workers employed by companies paying no tax.  

Tim Hunter
Thu, 20 Apr 2017

Several retirement villages benefiting from government-funded pay rises for aged care staff have paid zero tax for a decade.

A review of financial statements published by Ryman Healthcare, Summerset and Metlifecare shows none have paid any tax since at least 2007.

Over that 10-year period the

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Tim Hunter
Thu, 20 Apr 2017
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Three retirement villages, $2.3b of profit, zero tax
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