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Budget 2024 | The Government has confirmed changes to personal income tax, the independent earner tax credit, in-work tax credit, and the minimum family tax credit. Find out more: Personal income tax threshold changes

The Minister of Revenue introduced the Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill in May 2023. The Bill includes proposed changes expected to take effect on or before 1 April 2024.  

In addition, there are some rate changes, and residual items (introduced in 2022 and 2023), that will also come into effect in April 2024. 

Update

These law changes are now in effect, and we’ve updated our website to reflect the changes.

Tax Bill receives assent

More information

We’ve produced a series of webinars explaining the changes in more detail.

The videos were published before the tax Bill was passed (received assent), so you’ll see our presenters are talking about ‘upcoming changes’.

Available webinars:

Backdated lump sum changes

Best of the rest

GST changes

Income tax changes

Trust and estate changes

Property

Last updated: 08 Apr 2024
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