From 1 August an estimated 2.1 million New Zealanders will be eligible to receive the first targeted Cost of Living Payment as part of the Government’s plan to help soften the impact of rising global inflationary pressures affecting New Zealanders.

With the first of three monthly Government Cost of Living payments due to be made on Monday, Revenue Minister David Parker is urging people to make sure Inland Revenue has their bank account details.

The Government is providing additional certainty for businesses struggling with the Omicron outbreak that they will be able to access the new targeted COVID Support Payment (CSP).

A new targeted COVID Support Payment will be made available for businesses struggling with revenue during the Omicron outbreak.

The Transition Payment that is available for affected businesses to support their move to the COVID-19 Protection Framework has opened for applications this morning.

A boost to Working for Families tax credits, as part of a package of financial support that will see 346,000 families better off, has been passed into law late last night.

The third round of the Resurgence Support Payment opened for applications this morning.

The Government has released the draft legislation outlining the details of the policy limiting the deductibility of interest costs on residential property investments.

Inland Revenue is seeing increased demand for Resurgence Support Payments and other assistance schemes that it administers, but is processing applications quickly, Revenue Minister David Parker said today.

Businesses affected by higher Alert Levels will be able to apply for further Resurgence Support Payments (RSP).

The Government’s Resurgence Support Payment (RSP) has been updated to better support newly established businesses.

Businesses, organisations and self-employed people affected by the recent increase to Alert Level 4 can now apply online for the COVID-19 Resurgence Support Payment (RSP).

The Government has announced a housing package that will increase the supply of houses and remove incentives for speculators, to deliver a more sustainable housing market.

The Child Support Act has been amended to reduce the scheme’s complexity, improve fairness and increase compliance.

More small businesses will be eligible to take out interest-free loans under changes announced today to a government cashflow scheme.

The Government will today keep its election promise to put in place a new top tax rate of 39 per cent on income earned over $180,000.