Why do I get a tax bill each year? The calculation of tax is not a straight forward exercise that most assume. It is based on multiple rates and multiple thresholds. Hopefully this will help to explain why some people end up with a tax bill and some with a tax refund.
Tag: Personal Tax Summary
Tax Refunds – How to Check
Are you entitled to a tax refund? You can work it out yourself for free by using the calculators provided by the IRD.