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Income Tax Act 2007

Tax credits paid in cash - FamilyBoost tax credits

MH 2: Some definitions

You could also call this:

“What some important tax words mean”

When you are reading about tax credits, you need to know what some words mean. An abatement amount is the amount calculated under section MH 5. A caregiver is a person who looks after a child every day, not just for a short time.

You also need to know what a FamilyBoost tax credit is, which is a tax credit under section MH 3. A licensed early childhood service is explained in section 10 of the Education and Training Act 2020. Licensed early childhood service fees include optional charges, but do not include donations.

Other income is the income you get that is not reportable income, and it includes a PAYE income payment that is a schedular payment under section RD 8. Reportable income is explained in section 22D(3) of the Tax Administration Act 1994, but it does not include a PAYE income payment that is a schedular payment under section RD 8.

Tax credit income is the amount determined under section MH 4. A tax credit quarter is the quarter for which you are entitled to a FamilyBoost tax credit under section MH 4.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS976039.

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MH 1: FamilyBoost tax credits: purpose, or

"FamilyBoost tax credits help caregivers pay for early childhood education"

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MH 3: FamilyBoost tax credit, or

"Help with childcare costs: get back some of the fees you pay for your kids"

Part M Tax credits paid in cash
FamilyBoost tax credits

MH 2Some definitions

  1. In this subpart,—

    abatement amount means the amount calculated under section MH 5

      caregiver means a person, whether or not a parent of the child, who the Commissioner considers has responsibility for the day-to-day care of a child, other than on a temporary basis

        FamilyBoost tax credit means a tax credit under section MH 3

          licensed early childhood service has the meaning set out in section 10 of the Education and Training Act 2020

            licensed early childhood service fees includes optional charges but excludes any portion that is a donation

              other income means a person’s income that is not reportable income but also includes a PAYE income payment that is a schedular payment under section RD 8 (Schedular payments)

                reportable income has the meaning set out in section 22D(3) of the Tax Administration Act 1994, but does not include a PAYE income payment that is a schedular payment under section RD 8

                  tax credit income means the amount determined under section MH 4

                    tax credit quarter means the quarter for which a person is entitled to a FamilyBoost tax credit under section MH 4.

                    Notes
                    • Section MH 2: inserted, on , by section 14 of the Taxation (Budget Measures) Act 2024 (2024 No 19).
                    • Section MH 2 other income: inserted (with effect on 1 July 2024), on , by section 110(1) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 reportable income: inserted (with effect on 1 July 2024), on , by section 110(2) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 tax credit quarter: inserted (with effect on 1 July 2024), on , by section 110(3) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 list of defined terms other income: inserted (with effect on 1 July 2024), on , by section 110(4) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 list of defined terms PAYE income payment: inserted (with effect on 1 July 2024), on , by section 110(4) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 list of defined terms quarter: inserted (with effect on 1 July 2024), on , by section 110(4) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 list of defined terms reportable income: inserted (with effect on 1 July 2024), on , by section 110(4) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 list of defined terms schedular payment: inserted (with effect on 1 July 2024), on , by section 110(4) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).
                    • Section MH 2 list of defined terms tax credit quarter: inserted (with effect on 1 July 2024), on , by section 110(4) of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).