Financial Literacy for Everyone

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Tax Incentives

There is a range of different incentives available to parents when they have a baby. The idea is to use these incentives to make it easier for one parent to stay at home for a portion of time to look after a new born, or to use the money to furnish a nursery and pay for the many other costs associated with having a child.

The incentives available will depend on your own situation. It’s a good idea to go to the Ministry of Social Development’s website to find out more about the incentives available.