Tax refunds! Do it!

[Morcs]

I did mine when I was bored after an ad on the TV reminding me to do it.

All you need is your IRD no and go to www.taxrefunds.co.nz

After 2 days, I had confirmation back, and I have $333 on its way to my bank account for just the last 2 and a half years.

Its free money, go hard!

[firecracker]

Top work there mate! Treating yourself to some new gear?

I was thinking about this.....don't they charge a commission? What happens if you owe 'the man' money? :Police: Do they deduct the commission and then deposit the balance into your account?

Interested, a few unexpected dollars would be gold!

[MsKABC]

A friend of mine recommended this to me also. They take a 12.5% commission, up to a maximum of $500. No refund = no charge.

[Hiflyer]

just did mine, quick and painless so hopefully I'll get a couple of bucks for last year. its not hard at all!

if your on here, just do it while your page loads

[Hiflyer]

They take a 12.5% commission,



i think most people call that GST haha

[Cloggy]

And if you owe money, they don't pass it on the IRD. So it is a win-win situation.
I got nearly $600.00 back. I would suggest anyone has go at this.

[Trudes]

I sent mine in...... I got nothing :(

[Hitcher]

Its free money, go hard!

Fuck off. It's your money that the gummint overcharged you for and locked up for however long without paying you interest on it. Free my arse.

Take back what is rightfully yours!

[MOTOXXX]

yep i did mine through them last year and got $1500 back,
Woot!

[Mully]

I got a refund last year - all good and that.

But I think it prompted IRD to have another look. Got pinged because my last job didn't tax my final (holiday) pay correctly, so had to pay that back.

[MaxCannon]

The tax system is a somewhat inexact calculation.

Although ours is relatively simple (compared to Australia) it's still easy for mistakes to be made.

I worked in payroll for 9 years and there were hundreds of payroll people that were under / overtaxing or making big mistakes.

My advice. It's certainly worth doing but especially worthwhile if you've ever been paid a bonus or sales commision, had a pay increase during a tax year (April - March), changed jobs during a Tax year, stopped working (and not gone on a benefit) for any period of time or had back pay paid to you.

[LittleJohn]

The tax system is a somewhat inexact calculation.

Although ours is relatively simple (compared to Australia) it's still easy for mistakes to be made.

I worked in payroll for 9 years and there were hundreds of payroll people that were under / overtaxing or making big mistakes.

My advice. It's certainly worth doing but especially worthwhile if you've ever been paid a bonus or sales commision, had a pay increase during a tax year (April - March), changed jobs during a Tax year, stopped working (and not gone on a benefit) for any period of time or had back pay paid to you.


As MaxCannon said, there is more of a chance of getting a refund if you have had lump sum payment over top of your normal wages.

It should also be noted that it is very easy to do your own tax refund, takes about 20 min's tops to work it out yourself and then you don't submit it unless you are owed tax. You also don't have to pay anyone commision fees.

[tnarg]

Got nothing back when I did it but got $1000 back from filing out an IRD form after I was made redundant.

[vifferman]

I was telling my son that because he's worked erratically and non-continuously the last few years, he should go to that site and see if he's due a refund.
The vifferbabe was like this: :mad:

Oops...

Sometimes forget she's a tax manager....

She said she'd do it for no commission. :o

But (however!) even though I reckon I'd get a refund, it's kinda contingent on digging out all our donations receipts from wherever they're hiding. :buggerd:

[Scouse]

Sent mine in last night after reading this Thread. I was always going to do it but I had this strange thought that I had to have all my old end of tax year payslips, wich I did not have so this was stopping me from doing it, any ways I had a look at the site and discoverd that all I had to supply was my IRD number, so I signed up, waiting now to see if I get any cash back.

[FROSTY]

Me not bein the expert in any way of things of the tax type I got the impression that the way it works is that your tax is calculated on the basis that the amount you earn that pay period-week/fnight/month is what you earn every week of the year.

[Muppet]

I get jack......

[bane]

my concern with this was a Fair Go story a year or two back.

A woman had an assessment which indicated she was owed a couple of hundy from the last couple of tax years.

She duly accepted but instead of the expected money, got a letter from the IRD.
The letter stated that she had outstanding unpaid taxes of ~$100 from the early nineties, and with interest and fees, the IRD were chasing her for $1800+!

After Fair Go got involved, the IRD used "discretion" to wipe the original unpaid amount... without their intervention she was going to be screwed over.

I see from the small print for this tax refund refund site:
"The IRD when processing your return can automatically transfer refunds to deduct from arrears. This is beyond the control of TaxRefunds.co.nz, as this happens once the return has been submitted to the Inland Revenue Department. We will be notified by the IRD and will inform you accordingly"

I assume this is what happened to this woman - checked and saw an estimated refund, then IRD went to work to spoil the party.

[LittleJohn]

Me not bein the expert in any way of things of the tax type I got the impression that the way it works is that your tax is calculated on the basis that the amount you earn that pay period-week/fnight/month is what you earn every week of the year.

You are perfectly right. That is why when you get a back-pay or bonus it could be taxed wrong. But it is easy to find out yourself if you need tax back.

[Blackshear]

Do I have to do a seperate tax thing, for each year?
I started working in 2006 I believe.
__________________________________________________ __________________________________________________ ________
Also... I've worked two jobs Last year... Do I add up the gross taxable earnings over the period of the applicable tax year all up?
Damnit I hate big words.

[BuFfY]

Do I have to do a seperate tax thing, for each year?
I started working in 2006 I believe.
__________________________________________________ __________________________________________________ ________
Also... I've worked two jobs Last year... Do I add up the gross taxable earnings over the period of the applicable tax year all up?
Damnit I hate big words.


On the site you just fill in your IRD number and it asks you a few questions like, do you have children, were you out of the country for part of the year, were you at school etc.
Then you just click through a few steps for each year = you only fill in the majority of the details once.
You don't have to fill out any actual wages/salary etc.

Easy pants

[BuFfY]

Oh and I only did 2007 and then went back a few days later and filled the rest of the years out. I think lots of people have been filling it out so it is taking a bit longer to process. Up to 20 days for the money to be processed by the IRD.

[Blackshear]

Oh and I only did 2007 and then went back a few days later and filled the rest of the years out. I think lots of people have been filling it out so it is taking a bit longer to process. Up to 20 days for the money to be processed by the IRD.

Please help :confused:
Filled out jack all, up to this point.
It wants to know dividends. Shall I just leave blank?!
Don't wanna upset the higher power!

[grusomhat]

Wow that site is doing well and must be making a pretty penny for doing what I imagine to be little work.

You can file your own tax refund pretty easy without having someone take a commision. Go to http://www.ird.govt.nz/online-services/keyword/income-tax-individual/online-soe-request.html

then use this calculator work out if you should get a refund
http://www.ird.govt.nz/calculators/tool-name/tools-p/calculator-pts-calculator-2008.html?id=righttabs

then if you are owed something, request a personal tax summary which will tell you your refund which you can then confirm and get your money. Don't request this first though because if you owe money you will get a bill. That's why you get the Summary first and use the calc. See, simple :)

[The Pastor]

Wow that site is doing well and must be making a pretty penny for doing what I imagine to be little work.

You can file your own tax refund pretty easy without having someone take a commision. Go to http://www.ird.govt.nz/online-services/keyword/income-tax-individual/online-soe-request.html

then use this calculator work out if you should get a refund
http://www.ird.govt.nz/calculators/tool-name/tools-p/calculator-pts-calculator-2008.html?id=righttabs

then if you are owed something, request a personal tax summary which will tell you your refund which you can then confirm and get your money. Don't request this first though because if you owe money you will get a bill. That's why you get the Summary first and use the calc. See, simple :)
man if only you had posted this eariler, i wouldnt of given those bastards $20! that website you can get refunds for up to 2001, so ive got 4 more years of my money to claim back.

thanks dude

[BuFfY]

Please help :confused:
Filled out jack all, up to this point.
It wants to know dividends. Shall I just leave blank?!
Don't wanna upset the higher power!

Yeah just leave it blank. I figure if you don't know what it is, it doesn't apply to you!

[Jonno.]

Do it yourself. My last refund was $2300. That's almost $300 commission for them if I didn't do it myself (easy as).

[quallman1234]

400 $ odd back :). :buggerd:.

Cheers

[Hiflyer]

i just filled out what i thought what was necesarry and was ofered a refund.


seems good to me

[wetdog]

Wow, I'm rubbish at finances/figures :stupid:. Thought I paid a little too much tax last year, and just got a nice refund of $2000.

Thanks for the link, it was very, very easy to do. Now for some farkle shopping!

[coffeejunkie]

i think most people call that GST haha

GST = Grab snatch and take, LOL

[MaxCannon]

Me not bein the expert in any way of things of the tax type I got the impression that the way it works is that your tax is calculated on the basis that the amount you earn that pay period-week/fnight/month is what you earn every week of the year.


In a nutshell yes.

PAYE works on the principal of projecting your earnings for the pay period (week, fnight/ month etc) over an entire year.
Then it takes this value, calculates the tax and breaks it back down to the period.

If you always get the same pay chances are your tax will be accurate (except in cases of 53 pay weeks falling in the tax year).
Most problems are human error. Holiday pay, lump sum payments, back pay, bonuses, commissions are frequently taxed incorrectly.
In most cases the employee gets overtaxed.

[Patrick]

And if you owe money, they don't pass it on the IRD. So it is a win-win situation.

Not so....

Someone we know did this, found out they actually owed. The IRD are now emailing direct, requesting payment, now they have their email address.......

All good stories here so far though....

[slofox]

Tax Refund? Ah ha ha ha...silly person, that's an oxymoron!!!
I got home last night to find a "you owe us 50 gazillion dollars in tax arrears and we're gonna hound you into the grave over it starting tomorrow" letter from dear old IRD waiting for me in the mailbox. Well not according to my accountant I don't but IRD will still hound the shit out of me over it. BTDT before...
Personally I don't think they will be satisfied until they have me dead and buried and have seized the entirety of my estate (puny thing that it is...).
Fuck IRD. They are a bunch of leeches who drive small businesses to the wall and laugh as they do it. "25% decrease in turnover this year? Tough titty sonny, we don't give a fuck. Pay up anyway, we don't give a shit what happens at the end of your financial year, WE WANT THE CASH NOW!!!":ar15::ar15::ar15::ar15::ar15::ar15::ar15::ar15:

[BiK3RChiK]

As MaxCannon said, there is more of a chance of getting a refund if you have had lump sum payment over top of your normal wages.

It should also be noted that it is very easy to do your own tax refund, takes about 20 min's tops to work it out yourself and then you don't submit it unless you are owed tax. You also don't have to pay anyone commision fees.

I'll second the notion of doing your own tax return. You can do your tax return on-line with the IRD. If you don't like the result at the end, then don't hit the submit button!

I also saw some site a few years ago that had a list of people due a refund but had never collected it... Can't quite remember what the link was though.

And as Hitcher says, it is your own $$ you are getting back. You overpaid your tax to the gubbermint and they are collecting the interest on it, so do your return and get back what is rightfully yours!

[Beemer]

The other half signed up to see what he could be due. One return has come back so far and he's due about $23... so less their cut, he'd get about $11! I think we'll wait and see if he gets more from the previous years before deciding whether it's worth it.

[chanceyy]

just did mine .. several hundy back so far .. thats several more hundy than I had at the start :niceone:

[McDuck]

Im ahappy begga, 650 bucks :) So new paint for the kat and a new tyre.... yay

[normajeane]

Is it all a ploy by the National Government.......????

[kevfromcoro]

have i missed something

the finanical year ends at the end of this month..

[Monie]

if you goggle I R D site then put in your ird number or just look under your last name and this is free . you can have a look at all the unclaimed money that is there some go as high as 60 grand...

[Beemer]

have i missed something

the finanical year ends at the end of this month..

That would be the 2008/2009 tax year - the 2008 one the site refers to will be the 2007/2008 tax year.

The other half is due a few hundred, not to be sneezed at, but I've requested tax summaries from IRD for him - see if the refunds are genuinely owed to him and then request the money from the IRD. I wouldn't mind paying the commission on the full total, but as there are four years he is supposedly due a refund, that's four lots of 12.5% as they do each separately.

[vifferman]

I wouldn't mind paying the commission on the full total, but as there are four years he is supposedly due a refund, that's four lots of 12.5% as they do each separately.
So, if he was owed four lots of say, $1000, he'd be paying 12.5% of $4000 which is $500, whereas paying four lots of 12.5% would be 4 x $125, which is.... $500. :blank:

[Maha]

I got to the point where I had filled out all the questions and closed the tab..fuck off, they dont need all that imformation about me. They should pay me for updating thier data base had I continued.

[vifferman]

if you goggle I R D site then put in your ird number or just look under your last name and this is free . you can have a look at all the unclaimed money that is there some go as high as 60 grand...
My name's not there, but they owe me heaps, on account of I pay quite a bit in donations but can never be bothered claiming the refunds.
Names won't necessarily be listed, as there are other factors, such as rebates from donations, and working irregularly. My son gets taxed as if he was working 52 weeks a year at whatever hourly rate he's on $30, I think), but he only works when he feels like it. He could be due quite a bit of money if his tax accountant (a.k.a. the vifferbabe) bothered to help him with it. Then we could get some of the money he owes us... :rolleyes:
Such fun having the accountant's equivalent of "mechanic's car syndrome"....

[PuppetMaster]

You can file your own tax refund pretty easy without having someone take a commision. Go to http://www.ird.govt.nz/online-services/keyword/income-tax-individual/online-soe-request.html
then use this calculator work out if you should get a refund
http://www.ird.govt.nz/calculators/tool-name/tools-p/calculator-pts-calculator-2008.html?id=righttabs


I requested summary of earnings for 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, because thats the options I had on the IRD website. But IRD have only sent me summaries for "1 April 2003 to 31 March 2004" and "1 April 2006 to 31 March 2007". Maybe they have forgotten the others.

And also, if I request a refund for one particlar period, do they then check every year, one year I owe $3 and another I am owed $500 ?

(fark I hate tax, wish I'd gone to school more now and learnt me some readin and countin)

[GurlRacer]

Just did mine... be interesting to see if I get any back... being under that 19 years threshold...

Can't wait to return this years one too.... already paid 1000's in tax... and haven't even been working full time!!

[GurlRacer]

Wow that site is doing well and must be making a pretty penny for doing what I imagine to be little work.

You can file your own tax refund pretty easy without having someone take a commision. Go to http://www.ird.govt.nz/online-services/keyword/income-tax-individual/online-soe-request.html

then use this calculator work out if you should get a refund
http://www.ird.govt.nz/calculators/tool-name/tools-p/calculator-pts-calculator-2008.html?id=righttabs

then if you are owed something, request a personal tax summary which will tell you your refund which you can then confirm and get your money. Don't request this first though because if you owe money you will get a bill. That's why you get the Summary first and use the calc. See, simple :)

See, I'm stupid (no really, I am) when it comes to numbers.. I'd rather pay someone to do it and see if I get a refund rather than try and stuff it up royally myself..