Working for Families Tax Credits - notice of entitlement (Receiving and managing your payments)

Working for Families Tax Credits - notice of entitlement

The front page of the notice of entitlement shows the following:

our phone number and contact hours
the tax year the information is for e.g. 2011 (01/04/10 to 31/03/11)
how much your weekly or fortnightly payments will be until the end of the tax year
family and income details we need you to check so you get your correct entitlement
what to do if any of the information on the notice of entitlement is incorrect or missing
details of the bank account your payments will be credited to
your total estimated family income
the names and birth dates of the child(ren) you will receive payments for.

The second page of the notice of entitlement shows the income details that we've used to work out your entitlement.

We estimate the income you and your spouse or partner (if you have one) will earn. This is called your estimated family income and includes:

salary and wages, scheduler payments, bonuses, overtime, redundancies, government work schemes and taxable allowances
self-employed, business, partnership, and overseas income and income from shareholder-employee salaries and Māori authorities
child support received through IR and through private arrangements
interest, dividends, rent, royalties, estate and trust income
income-tested benefit, NZ Super, veteran's pension or student allowance
accident compensation.

Any child support you pay to someone else (either through IR or by private arrangement) is deducted from the total income received and this figure becomes the Total family income.

We use your Total family income and your family details to work out your entitlement and show how much you'll receive weekly/fortnightly under each of the following Working for Families Tax Credits components:

family tax credit
child tax credit
in-work tax credit
parental tax credit
minimum family tax credit.

We add the components you're entitled to and this is your total weekly or fortnightly payment.

End of long description.

Close this window to continue using our website.

For more info on government services go to newzealand.govt.nz