It is a good day in New Zealand. The Government has backed down on their plans to tax your Kiwisaver.
Is this the fastest back down in the history of back
New tax rules will see the Government net an additional $225 million in tax each year by streamlining the way fees on things like Kiwisaver funds are taxed
Over two-thirds of Kiwis are worried they won’t be able to retire. KiwiSaver was supposed to help but the reality is many will still fall well short of what is needed to live comfortably past 65.