Go Back   British Expats / Living & Moving Abroad / New Zealand

Reply
 
Thread Tools
Old May 23rd 2015, 5:31 am   #31
.
 
Snap Shot's Avatar
 
Joined: Jun 2010
Location: Peterborough, Cambridgeshire
Posts: 2,724
Snap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond reputeSnap Shot has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by desmondo84 View Post
awsome thanks. I also got chinned with some high tax on my savings account over here coz i didn't enter my IRD so will try and claim that too if I can work out how.

Free money!
Not really free money, it's a refund but useful nevertheless. You would have had to declare interest (unearned income) on savings as part of the online form filling exercise to get your refund calculated.

Your tax refund goes into your myIR account by mid-late June. You then confirm it and they forward it to your nominated account.

At least, that's what the lady on the phone said when I phoned the IRD yesterday. I got a text message from the IRD earlier in the week advising me to log into my IR to see if I had a tax refund due.

I had forgotten my log in and password so I requested it be e-mailed to me and it was.

Later that day I got a letter from the IRD advising that eDocuments are replacing paper statements, notices and letters. Also, if I hadn't used myIR recently here's a reminder of my user ID and e-mail address. Ironic or what ?!

Last edited by Snap Shot; May 23rd 2015 at 5:34 am. Reason: wanted to add a bit more
Snap Shot is offline   Reply With Quote
Old May 24th 2015, 7:22 am   #32
Forum Regular
 
Joined: Jul 2014
Location: Beachlands, Auckland
Posts: 212
desmondo84 is just really nicedesmondo84 is just really nicedesmondo84 is just really nicedesmondo84 is just really nicedesmondo84 is just really nicedesmondo84 is just really nicedesmondo84 is just really nicedesmondo84 is just really nice
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by MrsFychan View Post
On the safe side fill in the PTS and then they put the money into your account

mmm, tried to select the PTS option but it's only valid if you were resident for the entire tax year,

Des
desmondo84 is offline   Reply With Quote
Old May 24th 2015, 9:39 am   #33
Moderator
 
MrsFychan's Avatar
 
Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 8,301
MrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

how odd - ok well give them a ring and they will go through it with you on the phone. make sure you have the details of any interest you may have earned on your bank accounts to hand as they will ask and if you have a joint bank account don't forget to split the interest in half
__________________
Trying to get NZ in line with other countries in regards to Pernicious Anaemia - https://tinyurl.com/zeszavw
If you are concerned about another member or they are emailing unwarranted information please inform a concierge or moderator (Me).
MrsFychan is offline   Reply With Quote
Old May 25th 2015, 10:44 pm   #34
Queen of the Underworld
 
Persephone's Avatar
 
Joined: Dec 2007
Location: In NZ!
Posts: 4,785
Persephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond reputePersephone has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

You will have to fill out an IR3 [tax return] if not tax resident for the whole year - you can't do it via a PTS.

It is still fairly simple to do if you register online with the IRD and get them to 'send' one to you online via MyIR. That is where you write in any interest and tax paid and it will all get added together along with your salary. Your refund can be credited straight into your bank account if you choose.
Persephone is offline   Reply With Quote
Old Jan 18th 2016, 4:18 am   #35
Kotare Male
BE Enthusiast
 
Kotare's Avatar
 
Joined: Jan 2014
Location: Pakaraka
Posts: 692
Kotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

If you arrive mid year (all income pensions, no paye) do you fill out both a uk and a nz return declaring the income for the relevant part year or?
Kotare is offline   Reply With Quote
Old Jun 26th 2016, 9:51 pm   #36
Kotare Male
BE Enthusiast
 
Kotare's Avatar
 
Joined: Jan 2014
Location: Pakaraka
Posts: 692
Kotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

Despite being shouted down by assorted tax 'experts' on the need for this. I submitted a UK tax return for residual UK income (a reasonable refund) and a NZ return for NZ income since arrival (a reasonable credit) so all is sweet.
Kotare is offline   Reply With Quote
Old Jun 29th 2016, 7:05 am   #37
BEVS 
BE Site Lead
Administrator
 
BEVS's Avatar
 
Joined: Oct 2003
Posts: 29,719
BEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond reputeBEVS has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by Kotare View Post
Despite being shouted down by assorted tax 'experts' on the need for this. I submitted a UK tax return for residual UK income (a reasonable refund) and a NZ return for NZ income since arrival (a reasonable credit) so all is sweet.
Yes. That was the way to go.
__________________
BE Site Lead.
For help, problems and issues. Please feel free to PM or email me. You can also use the contact form.
BEVS is offline   Reply With Quote
Old Sep 15th 2016, 10:18 am   #38
Just Joined
 
Joined: Jul 2015
Posts: 15
poppy10 is an unknown quantity at this point
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by Kotare View Post
Despite being shouted down by assorted tax 'experts' on the need for this. I submitted a UK tax return for residual UK income (a reasonable refund) and a NZ return for NZ income since arrival (a reasonable credit) so all is sweet.
Doesn't that fall afoul of the double taxation arrangements?

I thought the reason you could get a refund for leaving the UK part way through the year is that they assume NZ will be taxing you for that tax year. So how can you also get a refund from IRD for that same tax year?

I arrived in NZ last September and got a few thousand back from HMRC. I haven't tried applying for an NZ tax refund for the 2015-16 tax year yet, but would like to know if I can
poppy10 is offline   Reply With Quote
Old Sep 15th 2016, 1:02 pm   #39
Kotare Male
BE Enthusiast
 
Kotare's Avatar
 
Joined: Jan 2014
Location: Pakaraka
Posts: 692
Kotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by poppy10 View Post
Doesn't that fall afoul of the double taxation arrangements?

I thought the reason you could get a refund for leaving the UK part way through the year is that they assume NZ will be taxing you for that tax year. So how can you also get a refund from IRD for that same tax year?

I arrived in NZ last September and got a few thousand back from HMRC. I haven't tried applying for an NZ tax refund for the 2015-16 tax year yet, but would like to know if I can
It appears that each country treats your income for the part year as your annual income and tax
Kotare is offline   Reply With Quote
Old Sep 15th 2016, 1:05 pm   #40
Kotare Male
BE Enthusiast
 
Kotare's Avatar
 
Joined: Jan 2014
Location: Pakaraka
Posts: 692
Kotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by poppy10 View Post
Doesn't that fall afoul of the double taxation arrangements?

I thought the reason you could get a refund for leaving the UK part way through the year is that they assume NZ will be taxing you for that tax year. So how can you also get a refund from IRD for that same tax year?

I arrived in NZ last September and got a few thousand back from HMRC. I haven't tried applying for an NZ tax refund for the 2015-16 tax year yet, but would like to know if I can
It appears that each country treats your income for the part year as your annual income and taxes you at the appropriate (lower) rate thus tax rebates. I am not complaining. You should have completed an NZ IR3 for the 2015/16 year - don't think this is optional :-)
Kotare is offline   Reply With Quote
Old Sep 15th 2016, 8:38 pm   #41
Moderator
 
MrsFychan's Avatar
 
Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 8,301
MrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond reputeMrsFychan has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

Quote:
Originally Posted by poppy10 View Post
I arrived in NZ last September and got a few thousand back from HMRC. I haven't tried applying for an NZ tax refund for the 2015-16 tax year yet, but would like to know if I can
Yes you can and it costs nothing to apply, you can use the calculator on the IRD website to see if you would get any money back or if you actually owe them money.
__________________
Trying to get NZ in line with other countries in regards to Pernicious Anaemia - https://tinyurl.com/zeszavw
If you are concerned about another member or they are emailing unwarranted information please inform a concierge or moderator (Me).
MrsFychan is offline   Reply With Quote
Old Sep 18th 2016, 12:22 am   #42
Just Joined
 
Joined: Sep 2016
Location: Wellington, NZ
Posts: 7
elainec_nz is an unknown quantity at this point
Default Re: Tax refunds if you arrived in NZ last year

I've just joined this forum and dropped into this thread & I'm so glad I did as it hadn't occurred to me I might be eligible for a tax rebate.
I arrived in NZ Dec 2014 but didn't get a work visa / start work until June 2015.
I assume I should apply for a tax rebate for the tax year of 2015/16?
elainec_nz is offline   Reply With Quote
Old Sep 18th 2016, 12:33 am   #43
Kotare Male
BE Enthusiast
 
Kotare's Avatar
 
Joined: Jan 2014
Location: Pakaraka
Posts: 692
Kotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond reputeKotare has a reputation beyond repute
Default Re: Tax refunds if you arrived in NZ last year

If I have it right. You should be applying for a UK tax rebate for the 2014/15 tax year. You should get a rebate if you didn't work Dec to Mar.

For 2015\16 year you should complete an NZ IR3 on which you declare any UK income (if any) and they will credit any UK tax paid. Sounds more complex than it is. This may also give you a rebate.
Kotare is offline   Reply With Quote
Reply

Go Back   British Expats / Living & Moving Abroad / New Zealand


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT. The time now is 4:32 pm.


Powered by vBulletin: ©2000 - 2017, Jelsoft Enterprises Ltd.
© 1999-2010 BritishExpats.com