COVID-19 resurgence support payment and Minimum Family Tax Credit threshold increase

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Source: Inland Revenue Department –

Taxation (COVID-19 Resurgence Support Payments and Other Matters) Bill

The COVID-19 resurgence support payment and Minimum Family Tax Credit threshold increase were included in the Taxation (COVID-19 Resurgence Support Payments and Other Matters) Bill.

The Bill was introduced to Parliament and passed through all stages under urgency on 16 February 2021. It was enacted as the Taxation (COVID-19 Resurgence Support Payments and Other Matters) Act 2021 on 18 February 2021.

CAB-20-SUB-0512 – Increasing main benefit abatement thresholds on 1 April 2021 and consequential adjustment to the Minimum Family Tax Credit

The Cabinet paper was considered and confirmed by Cabinet on 7 December 2020.

The Cabinet paper, regulatory impact assessment, and minute are also available on the Ministry of Social Development’s website. They are included in this information release for completeness.

CAB-20-SUB-0531 – Economic response to future resurgences of COVID-19

The Cabinet paper was considered and confirmed by Cabinet on 14 December 2020.

The Cabinet paper and minute are also available on The Treasury’s website. They are included in this information release for completeness.

CBC-21-SUB-0024 – Taxation (COVID-19 Resurgence Support Payments and Other Matters) Bill: Approval for introduction

The Cabinet paper was considered by the Cabinet Business Committee on 10 February 2021 and confirmed by Cabinet on 15 February 2021.

Two attachments to Cabinet paper CBC-21-SUB-0024 are not included in this information release as they are publicly available:

MIL OSI

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