Cost of Living Payment
Our Government has worked hard to lift incomes and make life more affordable for Kiwi families. Now, as we move forward with our plan to grow a secure economy for all, we’re providing further cost of living support for people here in the New Lynn Electorate. Our new Cost of Living Payment starts from 1 August, and will support more than two million New Zealanders. You will likely be eligible if you earned $70,000 or less over the period 1 April 2021 to 31 March 2022, and are aged 18 or older, but aren’t eligible for the Winter Energy Payment.
Inland Revenue is working with more than 600 community groups, sports bodies and other organisations – particularly groups for Māori and Pacific peoples - to spread awareness about who might be eligible for the payment and the need to provide bank account numbers. There are fact sheets in 6 languages and webinars in English and te reo Māori to help share information about the payment and what’s needed for people to receive it.
There’s nothing you need to do to apply for the payment, and the income threshold is based on your individual income, not household income. If you’re eligible, you will receive the payments directly from IRD. However, IRD does need your correct information, so please take a few minutes to make sure that everything is up to date.
People can update bank account details through myIR. They can also use the self-service number 0800 257 777 to add or change a bank account and other details. It is a 24/7 number and there is no wait time.
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.2% Yes! It's better to regift what I don't need
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20.8% No. It's the thought and effort that matters
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