Income

Temporary tax exemption on foreign income for new migrants and returning New Zealanders

From 1 April 2006, people becoming tax residents in New Zealand may qualify for a temporary tax exemption on some of their foreign income. This temporary tax exemption is available to those who qualify as a tax resident in New Zealand on or after 1 April 2006 and are new migrants or returning New Zealanders (transitional residents) who have not been resident for tax purposes in New Zealand for at least 10 years prior to their arrival in New Zealand. The exemption can only be granted once in a life-time.

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NZ Herald: Pay Rises - Who's Doing Best In The Tight Labour Market

More than three-quarters of workers got pay increases of more than 3 per cent, says the annual survey by recruitment firm Hays New Zealand.

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Interest free student loans

Student loans are now interest free for borrowers living in New Zealand. Eligible borrowers have been entitled to a write-off of all the interest charged on their loan from 1 April 2006. "Generally, to be eligible for an interest free student loan, you will need to have lived in New Zealand for 183 or more consecutive days (about six months)," Andrew Minto, Inland Revenue National Manager, says.

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Returned Kiwis’ Experiences Of Franchising

A number of New Zealanders who have returned home have chosen self-employment through franchising. Franchise New Zealand magazine and website asked some of them if the reality lived up to the dream.

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The Hudson Report - Employment Expectations

Based on nation-wide research, the Hudson Report uncovers and analyses the hiring expectations of New Zealand companies over six month periods, along with insights into a range of topical human resource issues currently impacting business.

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