IRD warns tax system becomes flatter if thresholds don’t rise
Advice is contained in draft report that never went to the Government.
The Government has promised to deliver tax relief in this year’s Budget.
A draft report under the now repealed Taxation Principles Reporting Act gives some weight to the Coalition Government’s intention to lift income tax thresholds.
The coalition repealed the legislation before Christmas, arguing that requiring Inland Revenue to produce additional reports would
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