In October this year it will have been 10 years since we first opened our doors at MyTax.co.nz. 10 years spent breaking down the barriers and smoke clouds surrounding the tax industry. Working hard to bring fast, easy and stress free tax refunds to our clients and re-instate the customer service values that had been amiss in the cold world of tax.…read more
What is a Student Loan?
As many Kiwis who have studied in New Zealand will know, a Studylink student loan is money borrowed from the government to assist with the cost of study. Student loans are available to any permanent New Zealand resident studying an approved course, whether this is a full time or part time course of study.…read more
A summer job can be the perfect solution for those of us looking to make a few extra bucks during the warmer months. And while a new cash flow is always great, it can be confusing to work out how much tax you should be paying, depending on your situation.
If you’re considering a summer job and wondering how much tax will be deducted, this article will look some of the types of workers who typically take on a summer job, and help clarify how much tax you’ll pay.…read more
New Zealand’s booming film industry means more and more Kiwis are employed in film production than ever before, from being part of the technical crew to film extras. With laws changed to encourage filming in New Zealand, rebates promised for big-budget productions, and purpose-built facilities popping up, it seems like the boom will continue for some time.…read more
Travelling through New Zealand isn’t exactly cheap, so it makes sense that so many overseas visitors opt to balance their trip with some work along the way. Luckily in a country as diverse as New Zealand, there are plenty of opportunities to earn some cash as a temporary worker, especially in seasonal jobs at orchards and vineyards, or on ski fields and in hotels.…read more
If you’ve never had to file a tax return before, doing so can seem like a daunting task. But never fear! We’ve put together a beginners’ guide to personal tax in New Zealand, including helpful links to the relevant Inland Revenue resources and the forms that you’ll need.
Of course, if the thought of doing your taxes bores you and you’d much rather we do it all for you, please get in touch!…read more
If we’re making a list of pleasurable things to do, filing a tax return will rank somewhere near the end. It is tedious, which is why so many people don’t bother.
However, there is at least one good reason to make an effort – they may owe you money! Here’s a guide on how to get it back, even if you missed filing your return.…read more
Making mistakes when dealing with tax is pretty easy to do. Tax law can be cryptic and it changes constantly, so it is little wonder that people can get confused.
Are you concerned that you may be paying too much tax? Let’s take a look at a few of the mistakes we see often.
Inaccurate Tax Records and Returns
It’s tedious keeping records and receipts.…read more
Have you just landed your first job? Or perhaps you’ve changed jobs? There’s one form you really need to fill out to ensure you don’t get over taxed!
It’s called an IR330.
What is an IR330?
If you are an employee earning a salary or wage then you’ll need to fill out this form. Once you fill it out, sign the form and give it to your employer.…read more
Want to get some of your tax money back? Tax can be complicated, but getting back what you might be owed should be easy. Here are a few ideas about the types of claims you can make, and we’ll tell you why you should act sooner rather than later!
Make sure you’re on the right tax code
First things first.…read more