New regime to bite in 2007

Wednesday 15 September 2004

April 2007 looks like being kick off date for a new savings and tax regime - whatever it finally looks like.

By The Landlord

The government has released the results of the working group on workplace savings, and is asking for feedback on the proposals of the group.

However the other work in this area - the study into taxation of savings, headed by former BT Funds Management head Craig Stobo - is set to report next month.

Both Finance Minister Michael Cullen and workplace savings group chair Peter Harris emphasises that the Stobo work is vital to where this issue goes next.

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