Ok thanks! Is there a cut off point for which this needs to be filed, like the first two weeks or anything? and also, are there any snags on returning to NZ? I've heard something about being stung with having to pay the full NZ tax for what I've earned while away.
im with TaLK and the previous scholars told me we get a year off tax exempt without doing anything? is that true?
I've been trying to sort this out with my school, but I've been told that none of the deductions from my pay are 'tax', only insurance/pension etc. Yesterday my co-teacher went to the local tax office and still no dice...Is it easier just to make a claim for tax at the end of the 2 year tax exemption period?
Quote from: vinny on November 22, 2011, 11:32:02 amI've been trying to sort this out with my school, but I've been told that none of the deductions from my pay are 'tax', only insurance/pension etc. Yesterday my co-teacher went to the local tax office and still no dice...Is it easier just to make a claim for tax at the end of the 2 year tax exemption period?If none of the deductions are 'tax' then you haven't been taxed. Isn't that what you wanted? What is there to sort out?
just a quick question about being a non resident (for tax purposes)...on the IRD website it says to qualify you must be out of the country for longer than 183 days and have no enduring ties with NZ- property/family/bank accounts etc. has anyone returned and been stuck with a huge tax bill because of this?
Just to double check, if we have already been in Korea for two or more years we are not able to get this tax exemption right?
I have been receiving conflicting information regarding Nz'ers and the pension.I have been on the NZ Immigration site that says NZ does not have an reciprocal arrangement with Korea hence I am not eligible to be refunded the contributions I am making into the pension fund, at the end of my contract.A friend of my husband (a New Zealander) has been living in Korea, on and off, for the last 8 years. He has been home a couple of times and says he has not been refunded his pension.My questions are - is it true that I will not receive my pension refund at the end of my year?If I do not, do I have to keep making payments into something that I will not get back?Many thanks