The Families Package – Best Start payments
From 1 July 2018 the Families Package takes effect, including the Best Start tax credit.
This is a new weekly payment of $60 per child, available to eligible parents who have a baby due on or after 1 July 2018.
All eligible families will receive this payment until the child turns 1 year old, regardless of their household income. Households whose income is less than $79,000 will continue to receive $60 per week until the child turns 3 years old. Those earning above $79,000 may continue to receive payments at a reduced amount. The upper threshold is $94,000 (for one child) when payments stop.
Parents can apply for Best Start when registering their baby’s birth through SmartStart. If the birth is not registered through SmartStart, the parents can apply for Best Start by completing the Working for Families registration (FS1) form.
A parent is eligible for Best Start payments if:
they are the principal caregiver of the child
they are a NZ resident/citizen and have been in NZ for a continuous period of 12 months at any time
they have received an IRD number for the child and
the child they are claiming for is both a resident and present in NZ.
For more information go to:
www.ird.govt.nz...
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