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Rates Rebate Scheme
Rebate eligibility examples
What constitutes income?
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Questions and Answers
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What constitutes income?
'Income' means money received, before tax, during the income tax year ended 31 March preceding the start of the rating year.
'Income' does not include:
- Cash grants/capital payments
- Family tax credits (formerly family support)
- War widow’s or war disablement benefits
- Medal or honour payments
- Grants for funeral expenses
- Prizes and winnings.
See our Classification of Benefits and Allowances table for an extensive list of benefits and allowances provided by Work and Income, Inland Revenue and the Ministry of Health, and whether they are classified as 'income' or otherwise under the Rates Rebate Act 1973:
*This document is in Adobe Acrobat (.pdf) format. You need to have the Adobe Acrobat Reader installed on your computer. You can download a free version from the Adobe site.
Beneficiaries and pensionersIf you were granted a benefit or pension (but not New Zealand Superannuation, ACC earnings compensation, or sickness and unemployment benefits) during the last income tax year ended 31 March 2009:
- You do not need to declare income earned before the benefit/pension was granted.
You do need to declare:
- What the full amount of the benefit/pension is per year;
- What income you earned after it was granted.
Self EmployedDeclare your net business income (as you would for tax) for the tax year ended 31 March 2009.
Please note that, for rates rebates purposes, a business loss cannot be used to offset income received from other sources.
Partner and/or joint home owner/s - who were living with you on 1 July of the rating year of your applicationList the income (for the tax year ended 31 March 2009) of your partner or any joint home owner who were usually living with you on 1 July 2009.
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