New top tax rate for trusts – what does it mean for you?

New top tax rate for trusts – what does it mean for you?

Budget 2023 contained a few surprises, but the change to the tax trust rate wasn’t one of them. Being hinted at a few times, Grant Robertson lifted the tax trust rate from 33% to 39%, bringing it into alignment with the top personal income tax rate. This change is from...

08/06/2023
find out more