As at 11:10 this morning the average Kiwi worker stopped working for the government and everything they earn for the rest of the year is their’s to keep.
That’s based on a very tongue-in-cheek statistic based on OECD figures that show government expenditure is around 40% of the annual economy but, hey, any excuse for a party!
Kiwi tucker of lamingtons and pavs are in order.
The information in this article is indicative of NZ tax rules and changes and not intended to be complete for all intents or purposes and does not constitute advice. It is recommended that you obtain professional advice, suited to your particular circumstances, from us before acting on anything you read.