1 minute read

Govt encourages uptake of increased Rates Rebates

Local Government Minister Kieran McAnulty has recently announced an increase to the Rates Rebate Scheme.

He says the increase will help ensure about 100,000 low-income homeowners be able to pay their local council rates this coming nancial year.

e Rates Rebate Scheme is a partial refund for people who pay rates to their council. It exists to provide nancial relief for low-income Kiwis owning their own home, including those in retirement villages. “More than 100,000 successful applications were paid out in 2022/2023. is year we hope to see even more people eligible people apply. We know times are tough for households and we hope to let those who are struggling know that support is there for them,” says McAnulty. e maximum rebate will increase from $700 to $750, and the income abatement threshold will rise from $28,080 to $30,100. ese adjustments match the 7.2 per cent rise of in ation of the 2022 calendar year.

This article is from: