Nicola Willis is hinting National could introduce more income tax cuts if the party's re-elected, but Kiwis may have to wait for them.

Speaking on a panel at BusinessNZ’s election conference in Wellington, Willis said the party has been monitoring 'bracket creep' and adjustments could be made after a return to surplus. 

OliverShaw Tax Partner Robin Oliver says there's a case for indexing the tax rates, and the Government should be transparent if they need to make changes. 

"We should legislate that each year, the Government should be transparent, it should go to the public and say - actually, we need to increase the tax rates on middle-income New Zealanders because we're going to spend it on healthcare, ED, what have you."

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Nicola Willis is hinting National could introduce more income tax cuts if the party's re-elected, but Kiwis may have to wait for them.
Speaking on a panel at BusinessNZ&rsquo;s election conference in Wellington, Willis said the party has been monitoring 'bracket creep' and adjustments could be made after a return to surplus.&nbsp;
OliverShaw Tax Partner Robin Oliver says there's a case for indexing the tax rates, and the Government should be transparent if they need to make changes.&nbsp;
"We should legislate that each year, the Government should be transparent, it should go to the public and say - actually, we need to increase the tax rates on middle-income New Zealanders because we're going to spend it on healthcare, ED, what have you."
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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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