Currently, all KiwiSaver members are entitled to an exemption from Employer Superannuation contribution Tax (ESCT) for employer contributions up to 2%. Any contributions above 2% are subject
to ESCT.
From 1 April 2012, the exemption will be removed – meaning the full employer contribution amount will be taxed.
*MYOB Payroll 2012 will automate this procedure based on your employee’s historical earnings.
I think the exemption will be cancelled from next week. The Govt is F**king taxing everything now, WHY DON'T THEY FKING TAX THE BENEFIT GIVEN TO THOSE LAZY BAGS?作者: 呵呵 时间: 2012-3-30 12:27:03
i think the BENEFIT is already taxed....not very sure though作者: 呼啸寒风 时间: 2012-3-30 13:13:58