KiwiSaver and Best Start cut, Working for Families boosted in Budget changes

One change leaves 61,000 families worse off

By Susan Edmunds of RNZ About 61,000 families will be worse off as a result of a move to income-test the Best Start tax credit in the first year of a baby's life, according to a regulatory impact statement prepared by officials.

Tens of thousands of families will be worse off under Budget changes to Best Start tax credit

The Budget revealed the money saved by income-testing in the first year of a baby's life would instead put more funding into the Working for Families scheme.

KiwiSaver and Best Start cut, Working for Families boosted in Budget changes

New Zealanders will get less from the Government in their retirement savings and child support payments in a Budget that hits some households in the back...