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Withholding taxes from capital income

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Income earned from savings and investments is taxed through Resident Withholding Tax (RWT).  It's important to ensure that such sources of income, and associated tax withheld, is accurately recorded and withheld.

A review of the current RWT rules should build on improvements arising from more effective and streamlined collection of PAYE information.  Any improvements in this area will also help facilitate changes to how Inland Revenue interacts with individuals and businesses.

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