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The Government is extending the parental tax credit to help many lower- and middle-income families at a time when they most need it - the birth of a new baby, Social Development Minister Paula Bennett and Revenue Minister Todd McClay say.

Budget 2014 includes the following changes:

  • Todd McClay
  • Paula Bennett
  • Social Development
  • Revenue
  • Budget 2014

Revenue Minister Peter Dunne and Associate Minister of Social Development Chester Borrows today announced the signing of an Order in Council to expand information sharing between Inland Revenue and the Ministry of Social Development.

Mr Dunne described the order as a positive and welcome step forward for improving efficiency and fairness.

“This is a great example of government agencies finding new, more efficient ways to work smarter to deliver a great result for the New Zealand taxpayer,” Mr Dunne said.

  • Peter Dunne
  • Chester Borrows
  • Social Development
  • Revenue

Working for Families tax credits will increase from 1 April this year, Revenue Minister Peter Dunne announced today.

“This adjustment will assist Families who are eligible for the WFF tax credits and compensate for cost of living increases over past year”, said Mr Dunne.

“These increases will make a real difference to families for whom every cent counts,” said Social Development Minister Paula Bennett.

  • Peter Dunne
  • Paula Bennett
  • Revenue
  • Social Development