What ‘responsible tax relief’ looks like

Budget 2024 contains “responsible tax relief for the squeezed middle”, the government says. (Image: NZME)

Thu, 30 May 2024

A central component of Thursday’s annual Budget was $3.68 billion worth of what the government has called “responsible tax relief for the squeezed middle”.In the lead-up to the election, National released its Back Pocket Boost (BPB) tax policy package on Aug 30.Aside from minor amendments, the 2024 Budget package mirrors National’s pre-election pledges."This relief is well overdue and will help hardworking Kiwis who have endured a prolonged cost of living crisis,” finance minister Nicola Willis said.Threshold...

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