Extension of redundancy tax credit

09

Mar

Due to the Christchurch earthquake, Peter Dunne, Revenue Minister of New Zealand, has announced an extension of the redundancy tax credit until 31 March 2011.

After the disaster on the South Island, the extension is applicable to everyone receiving redundancy payments before 1 April 2011.  The rate is 6 cents in the dollar to the maximum $3 600.


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