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04/07/2026 11:58 AM EDT
On March 25, 2026, the New Zealand Parliament passed the Taxation (Annual Rates 2025-26, Compliance Simplification, and Remedial Measures) Bill. Lawmakers approved an amendment to the bill prior to its passage that will increase by NZ$50 (about US$29) per week an existing tax credit available to working parents who make below a certain income threshold. …
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