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  1. Report Templates - Trust tax rate 39% 2025 and 33% in comparatives in annual accounts tax note

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    6 comments  ·  Practice tools  ·  Admin →
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    In development  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi team, pleased to share an update with you all - we're working on an update to the NZ Trust Annual Accounts report templates so the Income Tax Expense schedule correctly calculates trustee income tax using a tiered rate (0%, 33%, 39%) instead of a flat 33% rate.

    I will keep you updated of it's delivery here.

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    Ruth Simmonds commented  · 

    This is an extremely important part of preparing financial reports for our clients.

    Ruth Simmonds supported this idea  ·