Monday, May 17, 2010

A bolder budget?

This Thursday May 20th the government will announce the 2010 budget.

All talk alludes to economic growth and incentives for hard working Kiwis to get ahead.

Major changes to the NZ tax system maybe on the cards with some lavish attention being applied to the GST rate, tax rules around rental properties and personal tax rates.

"As the Prime Minister has said, we want to create a tax system that strengthens the economy, rewards effort, reduces tax avoidance and keeps talented New Zealanders at home. We also want to tilt the economy towards exports and investment, and away from consumption and borrowing."

Tune in Thursday to hear what happens.


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