New Zealanders can now receive automatic tax credits for their charitable donations. From January 7th donations made automatically from an employees pay package will be eligible for automatic tax credits, bypassing the previous system of end of year claims. Employees will receive a third of the donation amount back through a PAYE tax credit. Describing the ease of use of the new system Peter Dunne, Revenue Minister of New Zealand, said “…it’s really convenient for workers, is low-cost and effective for charities, and ... Read More

A Coromandel woman has been sentenced to seven months home detention and 200 hours community service for tax charges. Georgie Jensen was sentenced on December 3rd, in the Waihi District Court, after pleading to 13 counts of non-payment of PAYE. Graham Pomeroy, Inland Revenue Assurance Manager, commented on the offences, saying "Failure to meet PAYE obligations is a breach of trust between the director and the employees. But in Jensen's case, it wasn't just PAYE but also child support and student loan deductions”. Georgia ... Read More

Numerous changes to the Student Loans system have been approved by the Government. On the 18th of September it was announced by Peter Dunne, New Zealand Revenue Minister, that governmental allowances had been given to proposed changes to the student loan system. The changes were a product of consultation held in June. In a statement , Peter Dunne said "As a result of hearing a wide range of views, the government has modified one of the main proposals that were presented for ... Read More