Key Facts for Taxpayers

Published 22 May 2008

The Key Facts for Taxpayers card is a summary of tax, expenditure and income data from the Budget Economic and Fiscal Update (BEFU) 2008. It was released at the same time as other Budget 2008 documents on 22 May 2008.

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What is the new personal income tax scale? Who pays income tax... and how much? By how much will my after-tax income increase? Working for Families Tax Credits... increase from 1 October 2008 ($/week) How do tax scale changes affect tax revenue? What is the full-year cost of...? Average incomes Where do core Crown expenses go? Where does core Crown revenue come from? What are the new spending initiatives for Budget 2008? Operating balance before gains and losses (OBEGAL) Gross sovereign-issued debt (excluding Settlement Cash) What is the 2008/09 operating surplus made up of?	b08-taxpayers.pdf (588 KB) pp. 1-2

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