Finance Minister Nicola Willis announces tax relief for 83% of income earners in the May 30 Budget.
Finance Minister Nicola Willis announces tax relief for 83% of income earners over 15 in the forthcoming Budget on May 30. The tax relief will increase the take-home pay of 93% of households. The tax plan includes adjustments to income tax thresholds; however, details are yet to be specified. The Budget aims to benefit 83% of New Zealanders, but it is unclear how the remaining 17% will be impacted.
May 08, 2024
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