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Category Archives: Trusts

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Jan242024
3 people discussing family trust

Trust tax increase from 33% to 39% at 1 April 2024

News, Tax, TrustsJanuary 24, 2024

You may remember in last year’s budget announcements a change in the tax rate for trusts from 33% to 39%,…

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May292023
family members

Budget 2023: Tax rate for trusts to increase to 39%

News, Property, Tax, TrustsMay 29, 2023

Included in this year’s budget announcements was a change to the tax rate for trusts, moving from 33% to 39%…

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May122022
family walking in nz bush

Changes to Trust reporting now in effect

Tax, TrustsMay 12, 2022

Back in 2020 we mentioned that a major reform of the Trust Act was coming. Those changes are now in…

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Dec102021
queenstown apartments

The Trusts Act: a reminder about your obligations

Property, Tax, TrustsDecember 10, 2021

A while ago we wrote about the new Trusts Act 2019 that came into effect on 30 January 2021. You…

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