29 Apr 2015

Changes to child support calculations

Please ensure that you file your Employer Monthly Schedule (EMS / IR348) and your Employer Deductions (EDF / IR345) for November and December 2014 on time.

From the 1st April 2015 Inland Revenue will be taking into account both parents' incomes when calculating Child Support. As IR can now use a calendar year instead of a tax year to calculate child support it is imperative that employees' income information is filed on time. Late filing may result in some parents paying or receiving the wrong amount of Child Support.

Please refer to the IR website – www.ird.govt.nz – for additional information regarding the changes to Child Support.