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New Zealand law explained for everyone

Income Tax Act 2007

Tax credits paid in cash - FamilyBoost tax credits

MH 1: FamilyBoost tax credits: purpose

You could also call this:

“FamilyBoost tax credits help caregivers pay for early childhood education”

The FamilyBoost tax credit is meant to help you with the costs of early childhood education if you are a caregiver. This credit gives you money to assist with these expenses.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS976025.

Topics:
Money and consumer rights > Taxes
Education and learning > School education
Family and relationships > Children and parenting
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“Who can get a protected Best Start tax credit”

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MH 2: Some definitions, or

“Definitions for understanding the FamilyBoost tax credit”

Part M Tax credits paid in cash
FamilyBoost tax credits

MH 1FamilyBoost tax credits: purpose

  1. The purpose of the FamilyBoost tax credit is to provide financial assistance to caregivers with early childhood education costs.

Notes
  • Section MH 1: inserted, on , by section 14 of the Taxation (Budget Measures) Act 2024 (2024 No 19).