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Income Tax Act 2007

Tax credits paid in cash - Abating WFF tax credits

MD 8: Fourth requirement: person not receiving benefit

You could also call this:

“You must not receive certain benefits to qualify for the in-work tax credit”

To get an in-work tax credit, you and your partner (if you have one) must not receive certain types of payments. These payments include:

A main benefit from the government.

A basic grant and an independent circumstances grant for education. These are given under rules made by the Education and Training Act 2020.

A parent’s allowance or a children’s pension from Veterans’ Support Act 2014.

If you or your partner get any of these payments, you can’t get the in-work tax credit. This rule is part of the Income Tax Act 2007 and helps decide who can get this tax credit paid 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=DLM1518530.

Topics:
Money and consumer rights > Taxes
Work and jobs > Worker rights
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MD 7: Third requirement: residence, or

“You must meet specific residency requirements to qualify for the in-work tax credit”

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MD 9: Fifth requirement: earner, or

“You or your partner must usually earn income from work or a business”

Part M Tax credits paid in cash
Abating WFF tax credits

MD 8Fourth requirement: person not receiving benefit

  1. The fourth requirement for an entitlement to an in-work tax credit is that the person referred to in section MD 4 and their spouse, civil union partner, or de facto partner, do not receive—

  2. a main benefit; or
    1. a basic grant and an independent circumstances grant made under regulations made under section 645 of the Education and Training Act 2020 or an enactment substituted for that section; or
      1. a parent's allowance continued by clause 3 of Schedule 1 of the Veterans' Support Act 2014 or a children's pension under section 72 or 75 of that Act.

        Compare
        Notes
        • Section MD 8: amended, on , by section 473(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
        • Section MD 8(a): replaced, on , by section 141 of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).
        • Section MD 8(b): replaced, on , by section 668 of the Education and Training Act 2020 (2020 No 38).
        • Section MD 8(c): replaced, on , by section 278 of the Veterans' Support Act 2014 (2014 No 56).
        • Section MD 8 list of defined terms income-tested benefit: repealed, on , by section 141 of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).
        • Section MD 8 list of defined terms in-work payment: repealed, on , by section 473(2)(b) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
        • Section MD 8 list of defined terms in-work tax credit: inserted, on , by section 473(2)(a) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).
        • Section MD 8 list of defined terms main benefit: inserted, on , by section 141 of the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 (2021 No 8).