The government plans to charge GST on KiwiSaver fees as part of a tax bill brought in today.
It's estimated to bring in $225 million a year in tax from 2026, and is expected to have a massive knock on the amount of money in KiwiSaver accounts.
Allan Bullot is a partner and tax specialist at Deloitte. He tells Lisa Owen it would be justified to deem it a new tax.
