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  1. #21
    Guru
    Join Date
    Feb 2020
    Location
    Nelson
    Posts
    3,713

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    Nonethless there is a reason why people like fungus get hysterical over minor issues like this.

    Because often people do pay it.

  2. #22
    Legend
    Join Date
    Apr 2008
    Location
    Sth Island. New Zealand.
    Posts
    6,433

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    Quote Originally Posted by Beagle View Post
    I don't know any but then again the people I deal with are in business so many have company and trust entities already for other reasons.
    FYI here's KPMG's view https://home.kpmg/nz/en/home/insight...ntroduced.html
    Excerpt "Only 2% of taxpayers are expected to be earning more than $180,000"
    I remain of the view that the majority of people who are making over $180,000 will already have a family trust or a company or both or several other entities. 40 years experience...what would I know
    Fair enough. I know a good few who earn in excess of 180k, who certainly don't have any company structures - although I can't say I know much about any family trusts they may have.

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