Sole Parent Support : Contents
Taxation
Sole Parent Support is a taxable benefit. MSD makes payments to clients at the net rate after the deduction of tax. MSD passes the tax on to Inland Revenue.
Generally MSD will request a client to provide their IRD number.
For more information see:
Legislation
- Beneficiary must supply tax file number section 112 Social Security Act 2018
- Tax on benefits section 349-352 Social Security Act 2018
- taxable income (definition) section YA 1 Income Tax Act 2007
