KiwiSaver

A significant budget for super: Cullen

Friday 16th of May 2003
Fairer tax laws for employment based retirement savings and a larger-than-forecast contribution next year to the New Zealand Superannuation Fund make this a super budget for super," Finance and Revenue Minister Michael Cullen said.

"Under the present SSCWT (specified superannuation contribution withholding tax) rules, all employer contributions to superannuation funds are taxed at 33% irres...
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