Income Tax Act 2007

Tax credits and other credits - General rules for tax credits

LA 7: Remaining refundable credits: tax credits for social policy and other initiatives

You could also call this:

"What happens to leftover tax credits for things like family support or donations"

You have a tax credit left over from a tax year. This can happen if you got a tax credit under certain sections like section LB 4 for families, section LB 4B for R&D tax losses, or section LD 1(5) for charitable gifts. The Commissioner will treat your tax credit as transferable or refundable. You can find more information about refunds in Part 10B of the Tax Administration Act 1994 or in sections RB 4, RM 2 to RM 8, and RM 10.

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This page was last updated on 29 January 2026 — View changes

Topics:

Money and consumer rights > Taxes

LA 6: Remaining refundable credits: PAYE, RWT, and certain other items, or

"How your remaining tax credits are used or refunded"

LA 8: Remaining refundable credits: non-resident withholding tax, or

"How to use or get a refund for leftover non-resident withholding tax credits"

Part LTax credits and other credits
General rules for tax credits

LA 7Remaining refundable credits: tax credits for social policy and other initiatives

This section applies to a person's tax credit remaining for a tax year under section LA 5(5), if it is a tax credit under—
section LB 4 (Tax credits for families):
section LB 4B (Tax credit for R&D tax losses):
section LD 1(5) (Tax credits for charitable and other public benefit gifts).

The Commissioner must treat the person’s tax credit as transferable under Part 10B of the Tax Administration Act 1994 or refundable under sections RB 4, RM 2 to RM 8, and RM 10 (which relate to refunds and their use), as applicable.

Compare

2004 No 35 ss BC 8(1), KD 4(2), MD 1

Notes

Section LA 7 heading: substituted (with effect on 1 April 2008), on 6 October 2009, by section 309(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Section LA 7 heading: amended (with effect on 1 April 2015 and applying for income years beginning on or after that date), on 24 February 2016, by section 198(1) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).
Section LA 7(1) heading: substituted (with effect on 1 April 2008), on 6 October 2009, by section 309(2) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Section LA 7(1): substituted (with effect on 1 April 2008), on 6 October 2009, by section 309(3) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
Section LA 7(1)(ab): inserted (with effect on 1 April 2015 and applying for income years beginning on or after that date), on 24 February 2016, by section 198(2) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).
Section LA 7 list of defined terms family scheme income: repealed (with effect on 1 April 2008), on 29 August 2011 (applying for the 2008–09 and later income years), by section 140(1) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).