A new tax report has found middle income renters, without children, are paying some of the highest tax rates.

The report has been conducted by OliverShaw tax advisors and is investigating how fair the system is.

Principal of OliverShaw Tax Advisors, Robin Oliver told Tim Dower wealthy people are paying higher effective tax rates than people on lower incomes.

He says overall the system works but there are questions around households with incomes from $50-100,000 a year, who have relatively high tax rates.

LISTEN ABOVE

A new tax report has found middle income renters, without children, are paying some of the highest tax rates.
The report has been conducted by OliverShaw tax advisors and is investigating how fair the system is.
Principal of OliverShaw Tax Advisors, Robin Oliver told Tim Dower wealthy people are paying higher effective tax rates than people on lower incomes.
He says overall the system works but there are questions around households with incomes from $50-100,000 a year, who have relatively high tax rates.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.