Income testing of Best Start tax credit to affect 61,000 families

Otago Daily TimesRNZFriday 23 May 2025 · 2 outlets · 2 reports · updated
Photo: Otago Daily Times (opens in new tab)

Approximately 61,000 families will be worse off due to changes to the Best Start tax credit. A regulatory impact statement shows that income-testing the credit during a baby's first year will result in these losses, though savings are being redirected into the Working for Families scheme.

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First reported by Otago Daily Times, Fri 23 May 2025, 9:11am · 2 reports from 2 outlets over 53 minutes
  1. Otago Daily TimesOtago Daily Times

    One change leaves 61,000 families worse off (opens in new tab)

  2. RNZRNZ

    Tens of thousands of families will be worse off under Budget changes to Best Start tax credit (opens in new tab)