The child is taxed at their Prescribed Investor Rate (PIR), which is determined by the following factors:
Whether they’re employed or not
The amount they earn
Check out the Inland Revenue website for more information about PIRs.
The child is taxed at their Prescribed Investor Rate (PIR), which is determined by the following factors:
Whether they’re employed or not
The amount they earn
Check out the Inland Revenue website for more information about PIRs.