Government considers charging GST on Kiwisaver fund fees
Morning Report
English - August 30, 2022 19:14 - 8 minutes - 8.17 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The government wants to change the way GST is applied to service fees charged by managed funds.
These funds, such as Kiwisaver, are currently exempt from the 15 percent goods and services tax - but that could change by 2026.
Confused by what this could mean for account owners?
Kernel Wealth chief executive Dean Anderson spoke to Corin Dann.