close
This is a demonstration website for CCH Web Manager. For pricing and to find out more please contact us.

Tax Facts - Working for Families Tax Credits

Working for Families tax credits are payments for families with dependent children aged 18 or under.

There are four different Working for Families Tax Credits:

  • Family tax credit – a payment for each child in the family
  • In-work tax credit – a payment for families where the parents have paid work for a required number of hours (not available for those receiving an income-tested benefit or student allowance)       
  • Minimum family tax credit – a payment to make sure families are getting a basic income where the parents are working the required number of hours for salary and wages
  • Best Start – a special payment for up to 3 years for children due or born on or after 1 July 2018

Inland Revenue administer the Working for Families tax credits, however taxpayers who receive an income-tested benefit will receive payments from Work and Income.

For more information just give us a call or visit the IRD website.

 

Supplied by CCH Business Fitness NZ

Address

Level 1, 17 Sir Gil Simpson Drive Burnside, Christchurch 8053, New Zealand

Call Us

03 3333 4444

Mail Us

info@sjca.com.au