Tax cuts would take effect from April 2018: PM - News Summed Up

Tax cuts would take effect from April 2018: PM


Prime Minister Bill English is talking tax cuts - saying "something will be covered'' in the upcoming Budget and any changes would take effect from April 1 next year. Look, there's not going to be some big sugar shock with tax cuts. We have a range of tools, we want to be able to help and support low and middle income families,'' Mr English told Newstalk ZB. Also this morning and in a Radio New Zealand interview, Mr English indicated any tax cuts would take effect from April 1 next year. The last round of tax cuts were in 2010 when National reduced the thresholds and lifted GST to 15% to pay for it.


Source: Otago Daily Times March 12, 2017 20:15 UTC



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