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

 


Tax refunds not so taxing after all

Tax refunds not so taxing after all.

Inland Revenue (IRD) will be releasing some of their 2014 financial year tax refunds very soon.

Those who have requested a tax refund will now be able to learn how much they are owed and if registered with a tax agent receive their tax refund once they are released.

The custom-built technology that tax refund agents NZ Tax Refunds operates allows them to process customers tax refunds in real time and quickly get refunds paid out faster than anyone else. In fact they have paid tax refunds the fastest 5 years running.

“From the time the IRD release the refunds, we can immediately pay out customer’s tax refunds,” says NZ Tax Refunds CEO Cilla Hegarty.

“We are extremely proud to be able to pay Kiwi’s their tax refunds faster than anyone else. In fact it is one of our headline goals every year. Considering the volume of payments it’s quite an astonishing feat,” said Mrs Hegarty.

“We know that there are many more New Zealanders who have overpaid their taxes who don’t realise how easy it is to get their hands on their own money. With 93% of NZ Tax Refunds customers discovering they have overpaid their tax in the last 5 years and the average kiwi having overpaid their tax by $400. Everyone should be checking,” said Mrs Hegarty.

NZ Tax Refunds believes if the entire population of Whanganui (43,000) claimed their refunds, over $17million* would be injected to their local economy. Woohoo Whanganui!

*Un audited calculation of multiplying the population of Whanganui (43,000 x the average Woohoo ($400) = $17,200,000.

- ENDS -

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Scoop Business: ComCom Charges Hawkins’ Finance Companies Over Debt Recovery

The Commerce Commission has filed criminal proceedings against two finance companies run by former 1980s high-flyer Allan Hawkins over their debt recovery practices. More>>

ALSO:

Science Media Centre: The Big Science Stories Of 2014

It was a dramatic year for science, one that witnessed a severe outbreak of Ebola in West Africa and an historic mission to land a space probe on a comet. On the home front... headlines with animal testing for 'legal highs', 1080 use to tackle increased pest numbers and court action over genetically modified organisms among the most-covered stories. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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