• If you are self-employed, your tax is up to you, not your employer.
  • If you are under 15 years the first $2,340 earned in one financial year (1 April to 30 March) for one off jobs is tax-free.
  • If you are aged between 15 and 17 years the first $2,340 earned in one financial year (1 April to 30 March) for one off jobs is tax-free as long as you have attended school the same financial year. 
  • The current minimum wage for starting out workers in NZ is $13.20 an hour before tax
  • If you have a student loan, or paying child support or on a benefit or eligible for Working for Families or if you are going to be employed rather than self-employed please contact the IRD about your tax situation through www.ird.govt.nz
By | 2018-11-16T11:17:41+00:00 November 16th, 2018|Neighbourhood, Youth|Comments Off on TAX  IMPLICATIONS FOR YOUNG PEOPLE