It's official, Nats to reduce petrol excise tax

[Imported from Whale Oil Beef Hooked on Blogger]

Copy of the press release.


A National Government would reduce petrol excise by 5 cents per litre as a means of returning the windfall GST currently being collected on the record high prices of petrol.

“This commitment would be acted upon immediately to take effect on 1 October 2005, and the reduced excise level would apply until 1 April 2006 when the National’s programme of tax reductions will come into effect,” said National Party Leader Don Brash on the campaign trail in Pukekohe today.


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