
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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