{"Term":"Independent earner tax credit (IETC)","Definition":"\u003cp\u003eIf you\u0027re a New Zealand tax resident earning between $24,000 and $70,000 in a tax year, you may qualify for the independent earner tax credit (IETC) of up to $520 per year. The amount may get depends on your income.\u003c/p\u003e\n\u003cp\u003eIf you or your partner receive Working for Families tax credits, you will not qualify for the independent earner tax credit.\u003c/p\u003e\n\u003cp\u003e\u003ca href=\"/income-tax/income-tax-for-individuals/individual-tax-credits/independent-earner-tax-credit-ietc\" class=\"quick-links-topic\"\u003eIndependent earner tax credit\u003c/a\u003e\u003c/p\u003e","TeReoTerm":"","TeReoDefinition":""}