The tax cuts for 2008‑09, 2009‑10 and 2010‑11 will significantly
improve the disposable incomes of families and individuals.
Improvements in disposable income from tax cuts in 2008‑09, 2009‑10 and 2010‑11
(a)Private income is from sources other than government transfer payments, such as earnings or from interest on savings. At lower private incomes, taxable income may be higher than private income because of taxable income support payments.