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The Inland Revenue Department (IRD) has been holding millions of dollars in tax refunds owing to taxpayers. This is because salary and wage earners, like you, no longer file tax returns and have not been aware that they have refunds that they could claim.
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Recapture Refunds can check if you have any tax refunds owing to you and claim them back on your behalf, saving you time and effort, by dealing with the IRD directly. Recapture Refunds will charge a 15% commission if your total tax refund is over $30, otherwise our service is free. If you have no refund, then there is no charge. So you are guaranteed not to be out of pocket!
If a check reveals that you have tax to pay, which you were not aware of, we will endeavour to ensure* that you will not end up with a tax bill. Note that if you were to personally request a Personal Tax Summary without checking your eligibility, you may end up with a tax bill.
NB: You can opt to only have refunds checked over the past five years, or to remain a client and have future years checked automatically. Recapture Refunds will become your tax agent in order to check your refunds and will be removed at your request or as indicated on your application form.
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As an additional benefit, the IRD will increase your refund by up to 39% of Recapture Refunds’ fee (effectively subsidising it). Our fee is deducted from your refund before it is sent to you after being held briefly in the Recapture Refunds Trust Account while we verify its accuracy. You can receive your tax refund either as a cheque or request it to be directly deposited into your bank account.
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| You are almost certainly owed a tax refund if (anytime over the past five years): |
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 You took unpaid leave
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You went on/returned from parental leave |
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You started or finished work |
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You earned less than $38,000 before tax and earned interest or dividends |
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You worked a secondary job |
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You had part-time or casual work |
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You were under 19 years and still at school (not tertiary) |
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Your wages varied each pay period |
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You received a bonus |
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You received redundancy pay |
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You moved from one income bracket to another (income brackets: under $38,000; $38,000-$60,000; over $60,000) |
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However, people have received tax refunds for other unknown reasons, so it pays to check whatever your situation.
Less than 5% of New Zealanders are taxed PAYE at the correct amount each year!
We estimate that 90% of wage and salary earners, who have not yet claimed, have a tax refund waiting for them!
It is said that the average employee has refunds owing over the past five years to the equivalent of approximately one weeks wages!
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Recapture Refunds can only claim back tax refunds over the past five financial years. If you are owed refunds for years preceding that, they are lost forever, so the IRD keeps your money!
Apply now!
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NB: Currently tax refunds are being paid out within THREE WEEKS of receipt of application.
NB: The IRD are not paying out 2010 refunds until July 2010.
*conditions apply - Contact us for more information.
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