Compulsory savings costs outweigh benefits - officials
Making KiwiSaver compulsory would be more trouble than it is worth, the Treasury says.
The advice is included in the middle of a regulatory impact statement on the latest tax bill, introduced to Parliament today.
The Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Rob Hosking
Wed, 14 Sep 2011
Wed, 14 Sep 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Compulsory savings costs outweigh benefits - officials
16901