Tax Implications
Tax Implications http://greenhithenew.co.za.dedi1117.jnb1.host-h.net/wp-content/uploads/2024/07/notebook-with-tax-time-written-wooden-desk-with-glasses-keyboard-office-supplies-ideal-1024x574.jpg 1024 574 Greenhithe Community Trust https://secure.gravatar.com/avatar/ab8d8ddccbb188f1e4886b7c007ca8d0c6c4455f05ab88da9b872f82ca8f69fb?s=96&d=mm&r=g- If you are self-employed, your tax is up to you, not your employer.
- If you are under 15 years the first $2,340 earned in one financial year (1 April to 30 March) for one off jobs is tax-free.
- If you are aged between 15 and 17 years the first $2,340 earned in one financial year (1 April to 30 March) for one off jobs is tax-free as long as you have attended school the same financial year.
- The current minimum wage for starting out workers in NZ is $13.20 an hour before tax
- If you have a student loan, or paying child support or on a benefit or eligible for Working for Families or if you are going to be employed rather than self-employed please contact the IRD about your tax situation through www.ird.govt.nz
