Government Announces Changes in IWTC

  • Jul 16, 2020 NZST
  • Team Kalkine
Government Announces Changes in IWTC

Some changes have been implemented in the IWTC (in-work tax credit), that eliminates the necessity for working families to work a minimum number of hours.

From 1 July, the IWTC is accessible to qualified families who are:

  • Not getting an income-tested grant or student allowance, and
  • Have a little income from paid work each week.

The IWTC is a payment of about $72.50 per week or $3,770 per year to employed families for the first 3 children and up to $15 extra a week for each additional child.


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