14 Aug 2023

GST and Working for Families changes key to Labour's tax policy

From Morning Report, 7:10 am on 14 August 2023

The Finance Minister, Grant Robertson has described Labour's removal of GST on fruit and vegetables as the centrepiece of Labour's election tax policy, saying this is not the time for new taxes or tax cuts.

Labour is proposing removing GST from fruit and vegetables from April 1st next year, with a lift in the In-Work tax credit of $25 a week for those eligible for Working for Families.

The abatement level for Working for Families will also increase by $5,000 to $50,000 per year, but not until 2026.

All up, eligible families will be $47 a week better off, with 175,000 families set to benefit.

Robertson spoke to Corin Dann.