From 1 July, the in-work tax credit (IWTC) will be available to eligible families who are not receiving an income-tested benefit or student allowance and have some income from paid work each week. This change removes the requirement for working families to work a minimum number of hours.
Currently sole parents must work a minimum of 20 hours per week, and couples a minimum of 30 hours per week between them, in order to be eligible for the IWTC payment.
If your family already receives IWTC payments, you don’t need to do anything – continue to keep your family income and circumstances up-to-date and you’ll keep receiving the IWTC.
If your family is already receiving Working for Families payments and will be entitled to the IWTC from 1 July, you also don’t need to do anything. We will pay the IWTC automatically and you’ll receive a notice in July showing how much you’ll get and when the payment will be made.
Families not currently receiving Working for Families payments, including the IWTC, can check eligibility and apply on our website.
For more information visit ird.govt.nz/in-work
Call us and get best support & Service: 0800 240037
or drop us a message at m.me/justtax.co.nz