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Changes to in-work tax credit from July 1

Changes to the in-work tax credit (IWTC), which removes the requirement for working families to work a minimum number of hours, come in to effect next month.

From 1 July, the IWTC will be available to eligible families who are not receiving an income-tested benefit or student allowance and have some income from paid work each week.

To find out more:

https://media.ird.govt.nz/articles/changes-to-in-work-tax-credit-from-july-1/

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