Trusts have hit the headlines in recent weeks.  

First, a major IRD report revealed that extremely wealthy people were earning most of their money through trusts. Then, shortly afterwards, the Government announced an increase in the tax rate on trusts. 

So what exactly is a trust? How do you earn money from it? How many New Zealanders will be impacted by this tax hike? And is there a risk that average Kiwis take the biggest hit?   

Today, Deloitte tax partner Robyn Walker and partner at TGT Legal Aimee Mitchell take Damien through the trust system’s inner workings. 

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Shaun D Wilson and Paddy Fox
Executive Producer: Ethan Sills

Trusts have hit the headlines in recent weeks.     First, a major IRD report revealed that extremely wealthy people were earning most of their money through trusts. Then, shortly afterwards, the Government announced an increase in the tax rate on trusts. 
So what exactly is a trust? How do you earn money from it? How many New Zealanders will be impacted by this tax hike? And is there a risk that average Kiwis take the biggest hit?   
Today, Deloitte tax partner Robyn Walker and partner at TGT Legal Aimee Mitchell take Damien through the trust system’s inner workings. 
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto Producer: Shaun D Wilson and Paddy Fox Executive Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.