close
MENU
Investment
4 mins to read

Beneficial trusts and the new 39% personal income tax rate

The amount of beneficiary income paid to people earning more than $180,000 has halved.

High-income earners deriving benefits from trusts alter behaviour since tax rate changes.

Brent Edwards Thu, 16 Nov 2023

It appears high-income earners who derive benefits from trusts have altered their behaviour as they try to mitigate the impact of the 39% tax rate.

After the new top tax rate was introduced, changes were also made to require greater disclosure by trusts to help Inland Revenue assess compliance with

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Beneficial trusts and the new 39% personal income tax rate
Investment,
101712
true