LETTERS: GST increase no big deal for top end of town
THE taxation summit is a good opportunity to check on the many methods of avoiding full tax paid on finances.
The push for a rise in GST is coming from the high income earners - including politicians - who will not be out of pocket due to tax breaks promised.
In the past a multi-millionaire fronted a parliamentary enquiry as to how it was possible to pay five cents in the dollar tax on assets and stated there were legal methods to do this.
Other concessions are available; owning a second house besides the main home and claiming it as a holiday home, or claiming a farm as a hobby farm. It appears other concessions are available which are not widely known.
M W KELLY, Tivoli
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