Employees who are eligible for both paid parental leave and the Parental Tax Credit may choose whichever is better for them. The Parental Tax Credit pays a maximum of $150 a week for eight weeks, a total of $1200, and is abated against family income. Once the choice is made, it cannot be changed. Both parents must make the same choice: a family cannot receive both Parental Tax Credit and parental leave payments for the same child.
For advice on which payment to choose, call Inland Revenue free on 0800 377 777.