MyTax news

Do you remember when you received your first pay packet? It probably felt good to see your total earnings on the pay slip.

However, like many people, your heart no doubt immediately sunk when you saw the deductions. The biggest of those deductions was likely taken by the taxman, namely income tax.

In this article, we’ll look at why the taxman takes a hefty chunk of your earnings, and the steps you can take to reduce that amount, or reclaim your overpaid taxes back.…

read more

pay tax


The winner of the Canstar Blue Consumer Satisfaction Award – Personal Tax Agent for 2017 is MyTax. MyTax scored a maximum five stars in all six categories and won the Most Satisfied Customer award for the second year running.

bluenz-msc-tax-agents-2017

Again this year, MyTax was the only agent to receive a 5-star score from consumers for overall satisfaction.…

read more

Tips on Investing Your Tax Refund

Categories   Featured News & Updates

It’s a good idea to have a plan in mind for money you get from a tax refund, otherwise it’ll be gone before you know what to do with it! You might already have your tax return earmarked for some good times (Laneway Festival anyone?!) – but before you go making it rain with your tax refund, think about the fact that this tax return is no gift from the government but rather your own money that should have been in your bank account from the beginning.…

read more

invest


Are you on the right Tax Code?

Categories   Featured News & Updates

Your New Zealand tax code determines how much tax you have to pay. If you’re working for someone, it tells your employer how much they need to deduct from your income via the Pay as You Earn (PAYE) system. The money that gets deducted includes both the tax rate for your income and your ACC earner’s levy.…

read more

jargon 3



Doing your taxes on your own is hard because it’s just so easy to get it wrong. Part of the difficulty lies in all the jargon: from allowable deductions to new income, just how is anyone able to fill out the IR330 without pulling their hair out over the painful terminology? You’re no accountant so we don’t expect you to know your RWT from your PAYE to your SOE.…

read more

Jargon 1


Congratulations! You’ve just completed your degree and you’re ready to follow in the footsteps of countless Kiwis before you: heading off on your big OE. The best part about this is that you totally deserve it. Getting a degree is a big deal and you’ve earned the right to head off on big adventures overseas. The worst part about this is that you have a pretty massive student loan.…

read more

Student



You know that feeling when you keep checking your online bank account to see if your tax refund is in there yet? Yeah, we know it too, and it’s no fun. So what’s the hold up? Well, there are plenty of things that can slow down the process. Let’s take a look at these common tax mistakes so we can help you get your tax refund as fast as possible!…

read more

Tax Refund