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IR526 Important information

  • Payments made from 1 April 2012 for childcare and/or housekeeper payments are not eligible for a tax credit.

  • From 1 April 2014 you can only claim donation tax credits within a period of four years, following the year in which the gift was made. This means that donations made prior to 1 April 2012 can no longer be claimed.

  • Rather than rounding all tax credit refund amounts to the nearest cent, Inland Revenue stops at two decimal places. This means that if you work out a tax credit of $99.9999, your refund will show as $99.99.

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