ACC REBATE FOR THE 2012 YEAR
31 August 2012
For those of you who have earnt over the threshold of $111,669 from one source of income for the 2012 tax year, you may be
For those of you who have earnt over the threshold of $111,669 from one source of income for the 2012 tax year, you may be
This makes for interesting reading, a lot of us either have a student loan or have children with student loans. I have copied this directly from
There is always something new to learn when it comes to payroll. One of our clients recently requested kiwiSaver employer contributions to be deducted at
At the end of the tax year we are frequently asked why an employee has a tax bill ( never a refund !!) to pay.
The entitlement to a redundancy tax credit was due to expire on March 31, 2011 but it has been extended to September 30. 2011. If
After the September and March earthquakes some companies paid their employees an ex gratia payment to help them over this unsettling period. Originally, the IRD deemed the
The Minister of Labour has annouced increases to the minimum wage rates. From 01 April the adult minimum will increase to $13.00 per hour. The new entrants
The Government has passed amendments to the Employment Relations and Holidays Act. Most of the changes won’t take affect until April 2011 but some take
The IRD have set up a special page on their Website covering all the tax changes that are occurring on October 1st. These include: Personal
Why do I get a tax bill each year? The calculation of tax is not a straight forward exercise that most assume. It is based on multiple rates and multiple thresholds. Hopefully this will help to explain why some people end up with a tax bill and some with a tax refund.