The Government’s Mini-Budget announced

The Government’s Mini-Budget announced

The new Finance Minister, Nicola Willis announced savings via redirected funds and exiting projects in the government’s mini-budget.   The new Finance Minister, Nicola Willis has revealed the government’s mini-budget, alongside Treasury’s half-year economic and fiscal update in Wellington. In its executive summary, Treasury that concluded that ‘although economic growth...

21/12/2023
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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
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