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

 


NZ Tax Refunds on Asia Pacific Technology Fast 500

MEDIA RELEASE

NZ Tax Refunds on Asia Pacific Technology Fast 500 for second year

Christchurch, New Zealand – 7 December, 2012 – New Zealand’s leading online tax refunds company NZ Tax Refunds (www.nztaxrefunds.co.nz) has made the 2012 Asia Pacific Technology Fast 500 with 539% growth. The award ranks the top 500 tech businesses in the Asia Pacific region according to their revenue growth over the past three years. 45 New Zealand businesses were awarded at yesterday’s ceremony in Hong Kong. NZ Tax Refunds, on the list for the second year running, is ranked at #105.

Cilla Hegarty, the Founder and Chief Executive of NZ Tax Refunds Ltd says, “It’s a real honour to be on the Tech Fast 500 list for the 2nd year running. We’ve been very focused on building not just great technology, but also a great business and team culture. We all get a lot of pleasure from helping put the overpaid tax back into the pockets of thousands of Kiwis and this award recognises a great team effort.”

Leader of the New Zealand Fast 50 programme, partner Stephen Nicholas, says that the fact Kiwi businesses make up almost 10% of all companies on the Asia Pacific Tech Fast 500 is proof that New Zealanders are among the best technology entrepreneurs in the region.

“The Technology Fast 500 results illustrate that for innovative Kiwi businesses the relatively small size of the New Zealand market is not a barrier to achieving stellar growth. As long as they get their business model right and remain true to their core values, they can compete with the best in the world,” says Mr Nicholas.

Mrs. Hegarty founded the company in 2008 out of a desire to make it simple for people to get money back from the IRD. In 2011 NZ Tax Refunds debuted on the Asia Pacific Technology Fast 500 list with a ranking of 30th and percentage growth of 1401%.

NZ Tax Refunds’ investment in technology enables most clients to find out how much of a tax refund they are due within 60 seconds. Most refunds are also automatically deposited directly into a customer’s bank accounts within 2 days.

According to Mrs. Hegarty 93% of NZ Tax Refunds’ customers have found out they’ve overpaid their tax in the past 5 years and the average customer refund for 2012 is $460.

“Chances are our customers are entitled to a tax refund and it’s really easy for customers to find out by using our web-based system. It’s like filing a tax return but quicker, easier and with no risk. If customers are not owed a refund there is no fee,” she says.

The service can be ongoing for customers as NZ Tax Refunds becomes their registered tax agent with the IRD. Returns are automatically processed for customers each year and when a refund is due money is deposited into the customer’s bank account.

The Tech Fast 500 award tops off another successful year for NZ Tax Refunds. Mrs. Hegarty was also named the service category winner in the2012 Ernst & Young Entrepreneur of the Year awards.

For the full Technology Fast 500 Asia Pacific 2012 index, go to www.deloitte.com/fast500asiapac

– ENDS –

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news