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Income Tax Act 2007

Tax credits paid in cash - General provisions

MA 1: What this Part does

You could also call this:

"This part explains the tax credits you can get."

Illustration for Income Tax Act 2007

This Part tells you which tax credits you are entitled to. You can get tax credits under the family scheme for a tax year, see subparts MA to MG and MZ. You can also get tax credits under the FamilyBoost tax credits scheme, see subpart MH. You are entitled to tax credits under the superannuation savings scheme for a year, see subpart MK. You can get tax credits for R&D tax losses for an income year, see subpart MX. These are the tax credits you can get in cash.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1518407.

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Money and consumer rights > Taxes
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MA 2: Relationship with core provisions, or

"How tax credits from this part affect your income tax"

Part MTax credits paid in cash
General provisions

MA 1What this Part does

  1. This Part identifies the tax credits to which a natural person is entitled—

  2. under the family scheme for a tax year, see subparts MA to MG and MZ (which relate to working for families tax credits):
    1. under the FamilyBoost tax credits scheme, see subpart MH (FamilyBoost tax credits):
      1. under the superannuation savings scheme for a year beginning on 1 July and ending on 30 June, see subpart MK (Tax credits for KiwiSaver schemes and complying superannuation funds):
        1. for R&D tax losses for an income year beginning on or after 1 April 2015, see subpart MX (Tax credits for R&D tax losses).

            Notes
            • Section MA 1: substituted, on , by section 453 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
            • Section MA 1: amended, on , by section 258 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).
            • Section MA 1(a): amended, on , by section 6 of the Families Package (Income Tax and Benefits) Act 2017 (2017 No 51).
            • Section MA 1(ab): inserted, on , by section 12 of the Taxation (Budget Measures) Act 2024 (2024 No 19).
            • Section MA 1(bb): inserted (with effect on 1 April 2015 and applying for income years beginning on or after that date), on , by section 205(1) of the Taxation (Annual Rates for 2015–16, Research and Development, and Remedial Matters) Act 2016 (2016 No 1).
            • Section MA 1(c): repealed, on , by section 6 of the Taxation (Canterbury Earthquake Measures) Act 2011 (2011 No 24).