BORA Taxation (Annual Rates, Business Taxation, Kiwisaver, and Remedial Matters) Bill [pdf, 387 KB]
...contributions will feel the effect of the distinction for a limited period only, with the consequence that such effects are to some degree mitigated by the knowledge that they are temporary in character. More broadly, such distinctions may be justified as permitting fair distribution over time: that is, the payment of compulsory employer contributions to all employees but for only part of their working lives is acceptable given the financial implications of the KiwiSaver scheme for employe...