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

 

Budget Policy Statement: Spending Wins Over Tax Cuts; Big Ticket Items Get Boost

Income tax cuts are on hold as the government says “responding to the earthquakes and reducing debt are currently of higher priority”, although election year tax sweeteners remain possible. More>>

ALSO:

Fishy: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news