
KiwiSaver
Greens Push Govt On Incentives For Employer-Funded Super
Thursday 24th of January 2002
Mr Donald said that currently employers have an incentive to provide superannuation for staff earning more than $60,000, as super contributions are taxed at 33 cents; six cents less than the 39 cent income tax rate.
"But employers of workers earning $38,000 or less face a massive disincentive to make similar contributions because hose super contributions are also taxed at 33 cents; b...
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