5 Dec 2011

Solomon Islands Finance Minister announces tax cuts

6:23 am on 5 December 2011

The Minister for Finance and Treasury in Solomon Islands says the introduction of personal income tax cuts next year will not impact on public services.

Rick Hou says anyone earning less than SI$15,080 a year will not have to pay income tax from January the 1st .

The previous income earners threshold was half that amount..

"We don't think this reduction will have any implications for our services that are provided to the public. It won't impact on services to the population. In fact we believe that as of next year we will continue to even improve on services to our people."