Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Tax credits paid in cash - Tax credits for redundancy payments

ML 2: Tax credit for redundancy payments

You could also call this:

“Redundancy payment tax credits no longer available”

You can no longer get a tax credit for redundancy payments. This part of the law was removed on 1 April 2013. If you want to know more about tax credits that you can still get, you should look at other parts of the Income Tax Act 2007.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1172823.

Topics:
Money and consumer rights > Taxes
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ML 1: What this subpart does, or

“This section about tax credits paid in cash no longer applies”

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ML 3: Payment by Commissioner, or

“Commissioner no longer pays tax credits in cash”

Part M Tax credits paid in cash
Tax credits for redundancy payments

ML 2Tax credit for redundancy payments (Repealed)

    Notes
    • Section ML 2: repealed, on , by section 10 of the Taxation (Canterbury Earthquake Measures) Act 2011 (2011 No 24).