National has already promised to reduce taxes from April next year by lifting the thresholds at which the bottom two rates apply.. Photo: NZ HeraldFurther tax cuts and lifting incomes would be National's priorities over the next five years if it is re-elected in September, Prime Minister Bill English told the party's conference in Wellington today. He listed among the priorities: "Further lifting incomes and cutting taxes to help hard-working New Zealanders get ahead and reduce the pressure on families most in need." National has already promised to reduce taxes from April next year by lifting the thresholds at which the bottom two rates apply. As part of a broader family incomes package, that will lift the incomes of 1.3 million households by an average of $26 a week. "If we are able to keep lifting growth and carefully manage the public finances, we will be able to further reduce taxes and lift incomes."

Source: Otago Daily Times June 25, 2017 02:03 UTC