Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis' plan to exempt some trusts from paying new 39 percent rate - Heather du Plessis-Allan Drive

Finance Minister Nicola Willis wants to exempt some trusts from paying the new 39 percent trustee tax rate.

She hinted the Government planned to modify the bill aimed at lifting the trustee tax rate from 33 percent to 39 percent from April 1.

NZ Herald Wellington business editor Jenee Tibshraeny explains how Nicola Willis plans to determine these exemtions.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.