Death and Taxes

death and taxes

Another awesome thing about NZ… annual taxes. My taxes are automatically taken out of my paycheck. My savings account, which by the way earns about 3.5%, also automatically deducts taxes.

Then, without any intervention from me, the government reconciles everything at the end of the year and either sends a bill or a credit. No tax return, no adding extra deductions to account for multiple wage earners, no TurboTax.

Now, all I have to do is figure out how to spend my huge windfall!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: