In many cases some financial assistance is available while raising our children. This all seems great until you actually try to find out what you’re entitled to and how to claim your fair share. Many of us give up the search in sheer frustration.
We’ve put together some information on the most common payments that will hopefully make the process easier for you and will alleviate you having to stand in a queue with a crying baby for what seems like hours just to find out that you’re in the wrong department of a government office. Of course, this information is only of a general nature, for more detailed information visit the Inland Revenue Department website.
The Working For Families website provides detailed information about the payments available to you for your family. Working for Families is delivered by Work and Income and Inland Revenue.
Working for Families Tax Credits are made up of four types of payments:
You can contact Working For Families regarding tax credits by calling the Inland Revenue on 0800 227 773 (remember to have your IRD number handy).
The amount you receive will depend on your total family income, and its source, and how many dependent children under 18 years of age are living with you. There’s plenty of great information in the Working for Families Tax Credits section of the IRD website including tools to work out whether you are entitled to these tax credits, and how much you can get. There is also detailed information on how you go about applying. Each family situation is different and you should seek advice from IRD about your particular circumstances.
The information you provide in your Working For Families Tax Credit Registration pack (IR200) will be used to assess your entitlement. You can get a copy of an IR200 registration pack by calling the automated stationery line on 0800 257 773 or alternatively you can register online from the IRD website.
If you are applying for Working For Families Tax Credits for the first time you will need to provide the following information:
If you are registering a newborn child you will need to provide a birth certificate and a completed IR595 application form (you can get this from the website or call 0800 257 773.)
Paid Parental Leave may also be an option for some families. An Accommodation Supplement and Childcare Assistance may also be an option and you can find out if you are eligible for this by visiting the Work and Income website or contacting them on 0800 774 004.
In the 2014 Budget the Government has announced a package of extra support for families to take effect from the 2014/2015 tax year.
This extra support includes;
For more details, see the release Government to boost parental leave provisions by Minster of Labour, Hon Simon Bridges.
To stay up to date as the proposed parental leave changes come into effect visit the Ministry of Business, Innovation and Employment website.
For more information see Parenting advice or Parenting.
Last updated May 2014