Kids stuck with $2000 bill each for KiwiSaver
New Zealand children born to parents who are citizens of the United States face a difficult KiwiSaver choice: Give up your US citizenship, or face a KiwiSaver tax compliance bill.
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New Zealand children born to parents who are citizens of the United States face a difficult KiwiSaver choice: Give up your US citizenship, or face a KiwiSaver tax compliance bill.
Bernard Hickey tells the story of an almighty tax furore, and the original sin that started us on this road more than 30 years ago.
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SUPPLIED Single, and prospering: Harley Neville, freelance TV and film professional, uses his spare income to invest in world-changing technology companies through the Sharesies platform. From clawing together a deposit on a home on their own, to having to save bigger retirement nest eggs, singletons have a tougher time of it financially than couples. Or do they? Rob Stock reports. While the official statistics show singles of all ages are less likely to be satisfied with their incomes, and also less likely to own their own homes, Aucklander Harley Neville isn’t convinced he’s financiall...