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

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news