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Teachers Face Surprise Tax Bills | Auckland News
New Zealand teachers are facing surprise tax bills after the Ministry of Education paid them 27 fortnights instead of the usual 26 — a glitch the tax system isn’t built to handle. Inland Revenue may automatically write off small debts (up to $420 for fortnightly pay, or $250 for weekly) if your income is under $180K, but anything over that threshold still needs to be paid. This isn’t new — it happens with extra paydays — and as long as your tax code hasn’t changed and you haven’t added untaxed income, the debt might be forgiven. If not, setting up a payment plan with Inland Revenue can help…
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