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What do the tax changes mean for you? - Video

Wed, 10 Feb 2010 08:24
GST up, personal taxes down, and tax changes for landlords. - read full story »

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Comments [1]

mathemagician
10 Feb 2010 12:25p.m.

wow. TV3 fail at basic math.

to get the change in GST from 12.5% to 15% you do not simply add 2.5% to the retail price.

You need to subtract the GST to get the ex-GST price, then add 15% to that. It is not the same thing.
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