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“We currently have issues with productivity in New Zealand, and with labour shortages constantly being in the news these days, a question I have is whether the tax system is playing a role in this.” An effective marginal tax rate includes not only a person’s tax rate but also how a rise in wages meant they missed out on means-tested Government assistance, like Working For Families. 123rf When you earn more, your Working for Families credits reduce and that can be a disincentive to taking more hours. The advisory group recommended increases to the level at which Working For Families credits were abated, and a reduction in the rate at which they were removed.

New zealandRobyn walkerWelfare export advisory groupExport advisory groupWorking forWorking for familiesMinimum family tax creditIn work tax creditIncome taxIndependent earner tax creditEarned income tax creditபுதியது ஜீலாந்துராபின் வாக்கர்வேலை க்குவேலை க்கு குடும்பங்கள்குறைந்தபட்சம் குடும்பம் வரி கடன்