Trustee tax change welcomed | LiveNews.co.nz
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LiveNews Provides news reports of information as it happens in real time of politics, business, the economy and also reports on global issues and events from a New Zealand viewpoint.
Proposed changes to tax legislation to prevent the over-taxation of low-earning trusts are welcome, Finance Minister Nicola Willis says.
This morning on RNZ's Morning Report, Revenue Minister Simon Watts admitted that it was a legitimate option for 'landlords' to leave their houses empty. (Refer Revenue Minister on mortgage tax deductions for landlords , RNZ 11 March 2024.) The official ...
The Government has detailed how it wants to exempt low-income earning trusts from a tax hike due to take effect on April 1. It is proposing to ensure trusts...
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