Source: Inland Revenue Department –
Information release for the introduction of the Taxation (COVID-19 Support Payments and Working for Families Tax Credits) Bill.
The Bill was introduced on 23 November 2021, passed under urgency, and enacted as the Taxation (COVID-19 Support Payments and Working for Families Tax Credits) Act 2021 on 25 November 2021.
The changes in the Act:
- increased the Family Tax Credit rates and the Working for Families abatement rates, and
- updated the activation criteria for the Resurgence Support payment in view of the change from the Alert Level Framework to the COVID-19 Protection Framework.