Английская Википедия:2010 New Zealand budget
Шаблон:Short description Шаблон:Infobox Government Budget
The New Zealand budget for fiscal year 2010-2011 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 20 May 2010.[1]
This was the second budget Bill English has presented as Minister of Finance.
Outline
Tax changes
The main feature of the 2010 Budget[2] was a tax package that lowered income taxes, reduced the company tax rate to 28%, and raised GST to 15%. There were increases to Superannuation, Working for Families and Benefits to compensate for the GST increase.
New income tax rates from 2010 are:[3]
| Taxable income band | Old PAYE (1 April 2010 Шаблон:Dash 30 September 2010) |
New PAYE (from 1 October 2010) |
|---|---|---|
| $0 Шаблон:Dash $14,000 | 12.5% | 10.5% |
| $14,001 Шаблон:Dash $48,000 | 21% | 17.5% |
| $48,0001 Шаблон:Dash $70,000 | 33% | 30% |
| $70,001+ | 38% | 33% |
Depreciation on buildings with a life exceeding 50 years was removed, resulting in an increase of tax paid on property, and Loss Attributing Qualifying Companies were abolished and replaced with Look-through company, subject to much tighter rules.
The 2010 Budget included new spending of $1.8 billion in health, education, research and broadband rollout.
The Budget forecast a return to fiscal surplus in 2016.
References
