Close this search box.

Your Hub for NZ News

Parents face unanticipated tax bills amid rising living costs – RNZ 24 June 2024

Summarised by Centrist

Many New Zealand parents on paid parental leave are being hit with unexpected tax bills, some amounting to thousands of dollars. The issue stems from receiving holiday pay or grants on the wrong tax code, leading to significant financial burdens. Experts advise ensuring correct tax codes and possibly staggering income streams to avoid such hefty tax liabilities.

Read more over at RNZ

Enjoyed this story? Share it around.​

Notify of
1 Comment
Most Voted
Newest Oldest
Inline Feedbacks
View all comments

Read More


Sign up for our free newsletter

Receive curated lists of news links and easy-to-digest summaries from independent, alternative and mainstream media about issues affect New Zealanders.