“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
SW
Stuart Weems
Investopoly ·
Fraser Winare · The SME Stream · What would a better KiwiSaver actually look like?
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propose that self-employed KiwiSaver contributions be collected through quarterly provisional tax or GST filings
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
“Boost the consumption tax, the GST from 10 to 15%”
“If your income's over $250,000, contributions to super are taxed at 30%… means less of a tax saving”
“When you move to an allocated pension… earnings become tax-free, withdrawals become tax-free… you can re-contribute it to super”
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