Dear John --

National has delivered on its promise to deliver hardworking New Zealanders tax relief.

On  31 July this year, New Zealanders will experience tax relief for the first time in 14 years.

This relief is well overdue and will help hardworking Kiwis who have endured a prolonged cost of living crisis.

Our tax package targets relief to low and middle-income households.  Families with young children are set to benefit most.

It gives average income households up to $102 a fortnight, plus FamilyBoost childcare payments of up to $150 per fortnight for eligible families.

Our tax package is fully funded through savings and new revenue measures which means it will not add to Government debt.

You can find out exactly how much you will be getting back by going to the tax calculator at budget.govt.nz/taxcalculator

Budget 2024 delivers on National’s promise to support families to deal with rising costs and make our tax system fairer.

Thank you,
Nicola