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Additional information |
The Cabinet paper was considered and confirmed by Cabinet on 30 November 2020. The proposed changes were included in the Taxation (Income Tax Rate and Other Amendments) Bill. The Bill was introduced to Parliament on 2 December 2020 and enacted on 7 December 2020. |
Related information release |
Cabinet paper CAB-20-SUB-0490: Legislative approval for the introduction of a new top personal tax rate
Information release for the introduction of a bill to implement a new top personal tax rate of 39% and other measures.