Budget 2024: $20 a week tax cut for full-time employee GPs

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Budget 2024: $20 a week tax cut for full-time employee GPs

Martin
Johnston
GP tax cut 24
The Government’s online tax-cut calculator indicates a GP employee earning the average full-time pay will get a tax cut of $40.10 a fortnight [Image: NZ Government]
So, effectively, there are no real tax changes that impact on general practice as a company GPs wondering what they’ll get from the Budget’s pers, Shaun Phelan, MAS business advisory manager Shaun Phelan says the Government’s personal income tax cuts will affect individual GPs but not general practice companie