View all Posts from Kennedys Bush
H
851 days ago

National's ACTUAL tax proposal 31 Aug. (not the spin).

Hans & Fiona from Westmorland

Quote: “A couple, without children, earning üp to $120k PA” (ie $119,999 PA jointly or $60k each) would get an extra $100 per fortnight”.

It's actually only $60.76 /fn !! That's a $1020 pa “HOLE”. (Here's the maths.)
Existing Thresholds
First $14,000 @ 10.5% =$1470
Then $34,000 (to $48,000) @ 17.5% =$5950
Then $12,000 (to $60,000) @ 30% = $3600
Total Tax paid each =$11,020
National's, proposal
First $15,600 @ 10.5% =$1638
Then $37,900 (to $53,500) @ 17.5% = $6632
Then $6500 (to $60,000) @ 30% = $1950
Total Tax paid each =$10,220
ACTUAL SAVINGS =$800PA (each $30.76/fortnight) or $61.53/fn for a couple - NOT $100


“A superannuant couple ($22,869ea X 2) up to $26 boost “ It's ACTUALLY only $8.61 /fn !! That's a $452 pa “HOLE” !
Existing Thresholds
First $14,000 @ 10.5% =$1470
Then $8869 @ 17.5% =$1552
Total Tax paid each =$3022

National's, proposal
First $15,600 @ 10.5% =$1638
Then $7269 @ 17.5% = $1272
Total Tax paid each =$2910
ACTUAL SAVINGS =$112 PA (each $4.30/fortnight) or $8.61/fn for a couple. NOT $26.

When you think about the cuts (austerity) that will be needed. It's actually pretty underwhelming and insulting.

More messages from your neighbours
4 hours ago

Poll: Do you set New Year’s resolutions?

The Team from Neighbourly.co.nz

🎉 2026 is almost here!

We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?

Image
Do you set New Year’s resolutions?
  • 20% Yes! New Year, New Me
    20% Complete
  • 20% Yes - but I rarely stick to them
    20% Complete
  • 60% Nah - not for me
    60% Complete
5 votes
7 days ago

Poll: Is it ok to regift something that you have been given?

The Team from Neighbourly.co.nz

🎁 Holiday Gift Chat!

Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?

Image
Is it ok to regift something that you have been given?
  • 78.7% Yes! It's better to regift what I don't need
    78.7% Complete
  • 21.3% No. It's the thought and effort that matters
    21.3% Complete
1224 votes
14 hours ago

Response to regifting presents

Gordon from Halswell

My mind tends to wander:
I do not see any problem with regifting it back to the person who gave it, they obviously liked it. In fact, that might work out well as you buy the present you want, then gift it to someone you know who will gift it back.
Perfect, no decision needs to be made about Xmas presents