Thursday, May 18, 2023

New Zealand - The trustee tax rate will be aligned with the top personal tax rate of 39 percent from April 2024

The trustee tax rate will be aligned with the top personal tax rate of 39 percent from April 2024, improving the fairness of the tax system and reducing opportunities for high-income taxpayers to circumvent the top personal tax rate.

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Australia - Annual indexation of skilled visa income thresholds from 1 July 2025

From 1 July 2025, skilled visa income thresholds will be increased by 4.6%.   Income thresholds are indexed annually so wages for skilled mi...