KiwiSaver

Further help for saving as KiwiSaver tax exemption extended

Tuesday 12th of December 2006
"This is a further significant step to help New Zealanders save for their future," said the Ministers.

Employers currently pay SSCWT - specified superannuation contribution withholding tax - on their contributions to registered superannuation schemes, although contributions to KiwiSaver schemes were exempted under legislation enacted in September.

"It is essential that New Zealanders...

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