The raft of changes that could affect your wallet this week - News Summed Up

The raft of changes that could affect your wallet this week


File photo: Getty ImagesApril 1 is approaching - a day on which a host of rule changes take effect. JobSeeker for a single person over 25 will increase from $361.32 to $372.55 a week, after tax. Residential solarA new exemption takes effect from April 1 that means power generated by rooftop solar systems and sold back into the grid is exempt from tax. There have ben concerns that the scheme is not well targeted and sometimes helps higher-income earners, while large low-income families pay comparatively more. A new rule will also allow employers to pay tax on employee benefits through the fringe benefit tax regime, rather than PAYE.


Source: Otago Daily Times March 29, 2026 20:16 UTC



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