Tax changes passed to provide fuel price relief

<p>A bill providing additional temporary support for low-to-middle income working families amid rising fuel prices driven by the Middle East conflict has passed its final reading in Parliament today, Revenue Minister Simon Watts says.</p> <p>“The conflict in the Middle East is directly resulting in higher prices at the pump, putting additional pressure on Kiwi households,” Mr Watts says.</p> <p>“That’s why the Government added an amendment to the Taxation (Annual Rates 2025-26, Compliance Simplification, and Remedial Measures) Bill to provide timely, temporary, targeted support to working families most impacted by rising fuel prices.”</p> <p>From 7 April, about 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit. A further 14,000 wo