Working for Families Tax Credits are for families with dependent children aged 18 years or younger. Payments vary according to income and how many children are in the family.
There are four different types of payments (tax credits), and families may be entitled to more than one type of payment.
| Payment type | Description |
|---|---|
| Family tax credit | Paid to families with dependent children. |
| In-work tax credit |
Paid to families with dependent children who work a certain number of hours each week. |
| Minimum family tax credit |
A top-up paid to make sure the annual income of a family with dependent children does not fall below a certain amount. |
| Parental tax credit |
Paid to families with a newborn baby. You can't get this payment if you're on paid parental leave or receiving an income-tested benefit. |
Inland Revenue, unless applying for a benefit. (Work and Income will assess whether a person gets tax credits as part of their benefit application.)
Talk to Inland Revenue
http://www.workingforfamilies.govt.nz/ has calculators you can use to check the amount of Working for Families Tax Credits, Accommodation Supplement and Childcare Assistance you may get.
If you paid for childcare during the last tax year, you may be able to get a refund.
Talk to Inland Revenue