31 Aug 2022

Government considers charging GST on Kiwisaver fund fees

From Morning Report, 7:14 am on 31 August 2022

The government wants to change the way GST is applied to service fees charged by managed funds.

These funds, such as Kiwisaver, are currently exempt from the 15 percent goods and services tax - but that could change by 2026.

Confused by what this could mean for account owners?

Kernel Wealth chief executive Dean Anderson spoke to Corin Dann.