Source: Inland Revenue Department –
This special report provides early information on the new legislation in the Taxation (COVID-19 Resurgence Support Payments and Other Matters) Act 2021, enacted on 18 February 2021.
This covers the:
- COVID-19 resurgence support payment, and
- increase to the minimum family tax credit threshold.
Full coverage of the new Act will be published in the next available edition of the Tax Information Bulletin.