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Covering the costs of going back


Rabbit
31st March 2007, 02:32 PM
Not that I have decided about going back yet, but one thought has sprung to mind.

Timing could be quite important for a higher rate tax payer leaving (or arriving) in the country.

e.g. returning to the UK in September, could result in a tax refund from New Zealand and a tax saving on return to the UK. Both tax savings could potentialy fund the costs of going back.

http://www.ird.govt.nz/forms-guides/title/forms-r/ir050-form-refund-application-leaving-nz.html?id=righttabs

I suppose it could work both ways, e.g. people coming to New Zealand.

Rabbit


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