Changes to Financial Support for New Zealand Families

The following changes have been introduced to provide increased Financial support for New Zealand families.

 
36613360_1770302383064407_426126666331324416_o.jpg
 

Best Start

Best Start is a $60 weekly payment that is not means tested in the first year, so all babies born on or after 1 July (or due after 1st July) are eligible until the child turns one, the payments are means tested for the second & third year. Payments will start once paid parental leave payments end. You can find out more about Best Start here. http://www.ird.govt.nz/wff-tax-credits/understanding/…/bstc/

 

Paid Parental Leave

Paid Parental Leave has increased from 18 to 22 weeks and the maximum payment increases from $538.55 to $563.83 per week before tax . You can find out more about paid parental leave here. http://www.ird.govt.nz/…/p…/parents-paid-parental-leave.html

 

Keeping in Touch Hours

Keeping in Touch Hours allow parents to do limited work while on parental leave and has increased from 40 to 52 hours. This allows employees who wish to maintain contact with their workplace to do so without losing their entitlement to paid parental leave. You can find out more about keeping in touch days. https://www.employment.govt.nz/…/typ…/keeping-in-touch-days/

Law ChangesLaw Creative