Unbelievable how quickly the financial year rolls round, isn’t it? No sooner have you packed away the final accounts and neatly filed invoices (I wish) for the previous year, than March is here again and it’s time to wade through a whole new pile of bank statements.
If you’d like to save money on accountant’s fees or tax refund specialist charges by filing your own return there is help available.
Christchurch City Libraries’ tax page is a great place to start. There’s information about filing returns and links to the IRD to find out if you will get tax back. Teens can keep up-to-date about workplace rights and tax responsibilities.
Gareth Morgan’s recent book, The Big Kahuna, gives an interesting perspective on the purpose of tax and the distribution of wealth in New Zealand. It’s content that affects Kiwi taxpayers – and, let’s face it, that’s pretty much all of us.
March 31 marks the end of the financial year. In these times of paying tax by remote control (i.e through PAYE) it can be easy to overlook the fact that you may be entitled to a refund. It is a good idea to check that you haven’t overpaid your tax or there is something you can claim back like charitable donations.
Before you rush off to the mall and pay someone to do the exercise for you have a go with help from the IRD website. If I can do it so can you.
If you want do delve deeper into taxation matters we have more useful resources to recommend. In fact a quick browse through the catalogue revealed some fascinating titles – Trump University Tax Asset Protection 101: tax and legal strategies of the rich, Tax avoidance law in New Zealand, We’re Here to Help (the film about Dave Henderson and the IRD) and The Paradise Conspiracy.
See our page on tax for more information on taxation.