Thursday, 15 May 2014

Tax Tracker App – Now with 2014 Budget Figures

We’ve been crunching the numbers all afternoon, and you can now see how this year’s Budget figures compare to what your tax dollars purchased last year.

Fun facts: from looking at the app, we’ve already noticed that someone earning $40,000 is paying almost $40 more towards Superannuation than they did last year, and $4 less to paying for the Police.

The new Budget, gives us spending figures in the millions and even billions, meaning that unless you’re an economist or a policy aficionado, it’s hard to grasp what’s really going on.

We’re here to help. Our free Tax Tracker web app at yourtaxtracker.co.nz is an easy to use, mobile compatible tool giving New Zealanders a much-needed sense of scale in one click.

Simply enter a salary figure, hit ‘GO,’ and find out how much income tax you will pay this year, and how the Government plans to use it with an instant, individualised “tax receipt” based on today’s hot-off-the-press numbers.

What’s new? We’ve added a feature to this year’s Tax Tracker where you can toggle to compare how Government spending has changed on your tax receipt between the 2013 Budget and today’s new figures.

Check out yourtaxtracker.co.nz now and find out where your money is going.

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