How to pay back your student loans
A student loan is intended to help students pursue education. It helps them pay for the tuition fee, books and living expenses while pursuing a degree at a university in New Zealand. The requisite funds can be borrowed from the government at a substantially low rate of interest. In many countries, the government and financial […]
Top 5 occupations that pay the most income tax
An occupation is a set of jobs characterised by a high degree of similarity. It requires specialisation of skills to execute the tasks proficiently. As an economy, New Zealand depends greatly on international trade. Exports of wool, meat and dairy products were at one point the core of the economy. Tourism is another sector which […]
5 Tips for Getting the Best Tax Refund
Did you know that most New Zealand residents overpay their taxes? As efficient as the PAYE system tries to be, there are plenty of times when employers wind up deducting too much over the course of a year. So, before you simply assume that what you’ve paid is what you owe, follow these 5 tips.You […]
How to maximise your income tax refund
We all have to pay income tax but most of us end up unknowingly paying too much. As income tax is deducted from your monthly salary before it even reaches you, it can be difficult to know whether you are paying too much or not. However, there are a number of reasons for which you […]
Who could be entitled to a tax refund?
The annual tax refund season runs at the start of each new financial year, after the Inland Revenue Department has confirmed income details, and those who are entitled to a refund could have the money in their account around the end of June. So how do you know if you are owed a refund on […]
Does the Government Owe You Money?
For many people, the answer is – Yes. Not because their tax officers are sneaking in a little more compensation for their work, but simply because some of us have overpaid our taxes. Thankfully, there is an easy way to get our money back – this is called a tax refund. But what exactly is […]
