National’s tax reforms will help lift economic growth by putting the right incentives back into the economy, and encouraging savings and investment.
The average family will be about $25 a week better off, an average wage earner will be about $15 a week better off, and a couple on NZ Super will be about $11 a week better off.
The Budget 2010 tax guide website where you can calculate how the 1 October tax reforms affect you is proving popular. It’s had almost half a million page views since the May Budget.
The website calculates your tax cut, any extra GST you’ll pay, and any additional compensation you’ll get through increased Working for Families, NZ Superannuation, and benefit payments.
Visit the tax calculator at www.taxguide.govt.nz.
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