Tax Refunds – How to Check
Are you entitled to a tax refund? You can work it out yourself for free by using the calculators provided by the IRD.
Handling PAYE payments
We have been fielding a large number of calls lately and one common question seems to be how we handle PAYE payments as a number of bureaus are taking the Gross pay from their clients, hanging onto the money, and then paying the IRD when due. Our preference is that you, the client, handles the […]
Tax Rates in New Zealand
The PAYE for primary employment is – 14.2 % on income up to $14,000, plus – 22.7% on income over $14,000 up to $48,000, plus – 34.7% on income over $48,000 up to $70,000, plus – 39.7% on income over $70,000 up to $106,473. Income over $106,473 is taxed at 38% as this is the […]
Will you get money back?
Inland Revenue are currently running a campaign to encourage tax payers to find out if they are entitled to a Tax Refund. There are a number of companies that can do this for you but they will charge a fee, whereas the IRD service is anonymous and FREE. To find out more click HERE
Parental Leave payments
Parental Leave payments will increase next month. From July 1 the maximum parental leave payment will increase from $407.36 per week to $429.74. The minimum payment for self-employed parents will also increase from $120 to $125 per week. Parental leave is not something that the employer has to pay. It is paid directly to the […]