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

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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