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Articles by Matthew Gilligan

Matthew Gilligan

Tax Changes - Trust Tax Rate to 39%


In the May 2023 Budget, the Labour government announced that from 1 April 2024, the trust tax rate will increase from 33% to 39%. 

  • What does this mean for you and your trust?
  • What, if anything, can you do to manage this?
  • Should you still have a trust?

These questions are answered in the webinar Anthony Lipscombe and I presented on 24 May 2023, which you can view below. 

If you would like to discuss any of the issues raised in this webinar, please contact GRA by filling out our online form, phoning +64 9 522 7955 or emailing [email protected]. We are very happy to help.

Matthew Gilligan
Matthew Gilligan
© Gilligan Rowe & Associates LP

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Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.

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