Parental tax credit
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Category: General Chat
Forum Name: General Chat
Forum Description: For mums, dads, parents-to-be, grandparents, friends -- you name it! And you name the topic you want to chat about!
URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=19245
Printed Date: 06 October 2025 at 2:49am
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Topic: Parental tax credit
Posted By: Mikaela
Subject: Parental tax credit
Date Posted: 18 July 2008 at 11:47am
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What's the deal with this? Just found this info on the IRD website and I'd never heard of it before. Anyone know how it works, what the income cut-off is etc etc?
http://www.ird.govt.nz/yoursituation-ind/parents/parents-parental-tax-credit.html ------------- http://www.bump-and-beyond.com"> 
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Replies:
Posted By: MrsMojo
Date Posted: 18 July 2008 at 11:52am
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I think the parental tax credit is what you get if you don't qualify for paid parental leave (but I might be wrong). -------------  
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Posted By: ElfsMum
Date Posted: 18 July 2008 at 11:54am
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it is what you get if you dont get the paid maternity leave... so you get 150 a week for 8 weeks.. and we got some WFF as well... not sure if there is an income cut-off...? you can choose how to get it..we got it weekly...you can get it fortnightly or at the end of the tax year.. if you didnt get paid maternity leave and haven't claimed you should be eligible ------------- Mum to two amazing boys! |
Posted By: kebakat
Date Posted: 18 July 2008 at 11:56am
| That's what I thought as well. You get one or the other, not both |
Posted By: emz
Date Posted: 18 July 2008 at 1:28pm
| It's income tested, I think the threshold is something like $68,000 but don't quote me on that. |
Posted By: TysMummy
Date Posted: 18 July 2008 at 3:24pm
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you can go on either /or but they advice you on which one your going to get the most money out off.....they spent an hour on the phone with me working everything out...every case is different ------------- http://lilypie.com">  http://lilypie.com">
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Posted By: cuppatea
Date Posted: 18 July 2008 at 3:44pm
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Yeah there is an income cut off, someone gave me some good links about this I will go and see if I can find them. Its kind of a sliding scale so if you are over the threshold you might still be entitled to some of the parental tax credit but not all of it. ------------- 
 
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Posted By: cuppatea
Date Posted: 18 July 2008 at 3:52pm
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Here's the link
http://www.workingforfamilies.govt.nz/tax-credits/ - link As well as that page click on the payment table as well and that tells you exactly what you get for your income, its dependant on number of kids and has the fortnightly payments for the higher income as well. -------------
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