|Tax Advisors |Family Tax Credit Increase
By Phil Barlow – 18 December 2012

The Minister of Revenue, the Hon Peter Dunne, has announced that the minimum family tax credit available to low-income families will increase from 1 April 2013.

The change has been approved by Order in Council and will increase the after-tax income of recipients of the family tax credit from $22,568 a year to $22,724 a year.

Please contact your Hayes Knight adviser or one of our Tax Team if you require further information:

Phil Barlow
Tax Director
T +64 9 414 5444
F +64 9 414 5001
E phil.barlow@hayesknight.co.nz

Shelley-ann BrinkleySenior Manager – Tax Consulting
T +64 9 414 5444
E shelley-ann.brinkley@hayesknight.co.nz

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