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Tax refunds not so taxing after all

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Fuseworks Media
Fuseworks Media

Inland Revenue (IRD) will be releasing some of their 2014 financial year tax refunds very soon.

Those who have requested a tax refund will now be able to learn how much they are owed and if registered with a tax agent receive their tax refund once they are released.

The custom-built technology that tax refund agents NZ Tax Refunds operates allows them to process customers tax refunds in real time and quickly get refunds paid out faster than anyone else. In fact they have paid tax refunds the fastest 5 years running.

"From the time the IRD release the refunds, we can immediately pay out customer’s tax refunds," says NZ Tax Refunds CEO Cilla Hegarty.

"We are extremely proud to be able to pay Kiwi’s their tax refunds faster than anyone else. In fact it is one of our headline goals every year. Considering the volume of payments it’s quite an astonishing feat," said Mrs Hegarty.

"We know that there are many more New Zealanders who have overpaid their taxes who don’t realise how easy it is to get their hands on their own money. With 93% of NZ Tax Refunds customers discovering they have overpaid their tax in the last 5 years and the average kiwi having overpaid their tax by $400. Everyone should be checking," said Mrs Hegarty.

NZ Tax Refunds believes if the entire population of Whanganui (43,000) claimed their refunds, over $17million- would be injected to their local economy. Woohoo Whanganui!

-Un audited calculation of multiplying the population of Whanganui (43,000 x the average Woohoo ($400) = $17,200,000.

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