Entrust is seeking a legislative change to fix a long-standing problem with the over-taxation of the Entrust annual dividend payment to Entrust beneficiaries. 70% of Entrust beneficiaries are being over-taxed, which results in the government unfairly taking around $14 million a year from predominantly lower income Auckland households. We do not think this is fair and we want to see it resolved, especially given the current economic climate.
Sign the petition, and help us put $14 million back in the pockets of Aucklanders
Every year Entrust distributes a dividend to beneficiaries, and every year Aucklanders miss out on around $14 million from that dividend due to being over-taxed by the government.
For Aucklanders earning the least, that’s up to $90 a year of their dividend gone from their back pocket.
The most frustrating part? Changing the law to fix this is easy, we just need someone in government to care. You can help us send a message to government by signing the petition, and sharing this message with your friends and family so they can too.
You can read the full wording of our petition here.