1 Title
2 Commencement
3 Purpose
Amendments to Income Tax Act 2004 coming into force on 1 April 2005 or applying in respect of 2005-06 and subsequent income years
4 Calculation of subpart KD credit
5 Calculation of family tax credit
6 Credit of tax by instalments
7 Section KD 5B repealed
8 New section KD 5C inserted
KD 5C Order in Council to increase amount of family tax credit
9 Chief executive to deliver credit of tax
10 Commissioner to deliver credit of tax by instalments
11 Definitions
Amendments to Income Tax Act 2004 coming into force on 1 April 2006 or applying in respect of 2006-07 and subsequent income years
12 Family support and family plus
13 Calculation of subpart KD credit
14 New sections KD 2AAA and KD 2AAAB inserted
KD 2AAA In-work payment
KD 2AAAB Continuation of child tax credit payments
15 Rules for subpart KD credit
16 Calculating net contributions to family support credit, child tax credit, and parental tax credit
17 Credit of tax by instalments
18 Section KD 5C replaced
KD 5C Adjustment of family support amounts, abatement threshold amounts, amounts of in-work payment and parental tax credit, and amount of family tax credit
19 Definitions
20 Schedule 12—Amount that, for purposes of section KD 5(6), is deemed to be equivalent of annual amount
Amendment to Income Tax Act 2004 applying in respect of 2007-08 and subsequent income years
21 Calculation of subpart KD credit
Amendment to Child Support Act 1991
22 Meaning of term living allowance
Amendment to Housing Restructuring Act 1992
23 Schedule 2 amended
Amendments to Privacy Act 1993
24 Notice of adverse action proposed
25 Schedule 3 amended
Amendments to Tax Administration Act 1994
26 Disclosure of information for family support double payment identification
27 New section 85G inserted
85G Disclosure of information in relation to family income assistance
ScheduleNew Schedule 12 of Income Tax Act 2004
Legislative history
The Parliament of New Zealand enacts as follows: