Changes to Kiwisaver

By: Goldridge Te Awamutu  04-Aug-2011
Keywords: Kiwisaver

The Government has made some changes to Kiwisaver which reduce the amount of tax repaid to Kiwisavers.  There are also planned changes as of 1st April 2012 which will see both employees and employers minimum contributions increased to 3% but both subject to tax. The overall effect is to slightly improve the inputs of Kiwisaver's account. Contact us to see how much your Kiwisaver is likely to change by, or to ensure you are in the right fund or with the right fund manager.

Keywords: Kiwisaver