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Government will pump an estimated $3 to 4.5 billion a year into KiwiSaver members’ accounts, which is effectively a tax cut reserved only for those who can afford to take it up. Press Release The chief executive of the Northern Employers & Manufacturers Association Alasdair Thompson says taxpayers who cannot afford to save in the […]

The government will remedy a technical problem in the KiwiSaver legislation to ensure the smooth introduction of the new member tax credit, Finance Minister Michael Cullen and Revenue Minister Peter Dunne announced today. Press Release As announced in Budget 2007, people who join KiwiSaver will be entitled to a tax credit that matches their contributions […]

KiwiSaver starting today discriminates against people aged 65 and over, the Employers & Manufacturers Association (Northern) says. Press Release “This is from the government that sensibly passed the law removing a retirement age from all employment agreements and reinforced the illegal nature of any discrimination against older people,” said Alasdair Thompson, EMA’s chief executive. “By […]

All the information employers and individuals need about KiwiSaver is readily available, says Inland Revenue Deputy Commissioner Colin MacDonald. Press Release Inland Revenue has sent 1.5 million Employee Information Packs and 200,000 Employer Guides to employers registered with the department. More than 130,000 copies of the packs have so far been downloaded from www.kiwisaver.govt.nz, which […]