ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

New research coming out about how much tax New Zealand's rich are paying.

Author
Newstalk ZB,
Publish Date
Wed, 26 Apr 2023, 7:07AM
Photo / File
Photo / File

New research coming out about how much tax New Zealand's rich are paying.

Author
Newstalk ZB,
Publish Date
Wed, 26 Apr 2023, 7:07AM

New research is coming out about how much tax New Zealand's rich are paying.

The Inland Revenue report will estimate the effective tax rate of the wealthiest families, taking into account their full economic income, rather than just taxable income. 

Deloitte Tax Partner Robyn Walker told Kate Hawkesby it's expected to show they're paying tax rates that are lower than marginal tax rates.

But she says Treasury is also releasing their report on tax rates of the average New Zealander and expects that to say a large section of that population is also paying below marginal tax rate.

LISTEN ABOVE

Take your Radio, Podcasts and Music with you