Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


RaboDirect Helps New Zealanders Put Lazy Money Back to Work


Press Release

22 November 2012

RaboDirect Helps New Zealanders Put Lazy Money Back to Work

RaboDirect doesn’t like lazy money; so the specialist savings & investment banking service has launched www.yourcashstash.co.nz to help make it easier to find the owners of more than $75 million of unclaimed money held by Inland Revenue (IRD). This money can default to IRD for a number of reasons when no one is sure of where it should go, e.g. as a result of long term inactive bank accounts or solicitors trust accounts being wound up. Legislation appears to prevent the department from advising individuals and organisations that their money is being held, so you may be owed money without even knowing.

These are not overpaid taxes so a tax return doesn’t have to be filed to stake a claim. To find out whether you, your family, your community, or anyone you know are amongst the 200,000 potential claimants check out www.yourcashstash.co.nz on your PC, mobile or tablet. YourCashStash allows you to search more than 18,500 names and provides all the details you need to make an inquiry with Inland Revenue even if your name is not listed in this most recently published list of monies owed..


Most people assume they’re not owed money which is why only a very small portion of this money is claimed each year. Take a search and you might be surprised at the names you find – alongside thousands of individuals there are members of parliament, businesses, trusts, estates and community groups.

Interest is not paid on unclaimed money and RaboDirect wants to help put this lazy money back to work. Share www.yourcashstash.co.nz with friends and family in NZ and overseas, and together you can help put dreams back on track.

At www.yourcashstash.co.nz we’ll show you how to find out if you’re owed money, how to make your claim and provide some tips to try and avoid ending up on the list.

RaboDirect - helping put lazy money back to work.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Igniting The Spark: Bringing The Digital Enabler To Life

Changing a name is, relatively speaking, the easy part of a re-invention. Changing a culture, getting all the ducks in a row, turning yourself inside-out to become customer-inspired is a much bigger challenge. More>>

ALSO:

Ebola And NZ: Targeted Screening At Airport But Risk Low

The risk of any cases of Ebola in New Zealand remains very low, but health and border authorities are well prepared... anyone arriving in New Zealand who in the last three weeks has visited countries affected will be screened for symptoms of the disease. More>>

ALSO:

Scoop Business: Brewer Seeking Crowd-Funding Cancels Shareholders’ Dividends

Shareholders in Renaissance Brewing company, the first business to seek equity through crowd-funding in New Zealand, have cancelled their claim on $147,000 of accumulated earnings “to make Renaissance a more attractive investment opportunity.” More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news