https://www.ohbaby.co.nz/forum/ Copyright (c) 2006-2013 Web Wiz Forums - All Rights Reserved. Sun, 05 Apr 2026 11:37:07 +0000 Sun, 25 Apr 2010 15:24:50 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 12.05 360 https://www.ohbaby.co.nz/forum/RSS_post_feed.asp?TID=32953 https://www.ohbaby.co.nz/forum/forum_images/web_wiz_forums.png https://www.ohbaby.co.nz/forum/ https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1006106&title=redundancy#1006106 Author: M2K
Subject: 32953
Posted: 25 April 2010 at 3:24pm

Oh no! I hope something else comes up for you real soon, its hard finding decent work down here though.

I was also made redundant last week, but in my case I would've resigned as Im having our 2nd bubs already. But I didn't know to fill out rebate form, thanks ladies.

Wish there were more options for us mums to work from home.]]> Sun, 25 Apr 2010 15:24:50 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1006106&title=redundancy#1006106 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005898&title=redundancy#1005898 Author: mummyofprinces
Subject: 32953
Posted: 25 April 2010 at 9:45am

Hugs hun, it really sucks doesnt it!!!!!!

]]> Sun, 25 Apr 2010 09:45:47 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005898&title=redundancy#1005898 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005829&title=redundancy#1005829 Author: MissCandice
Subject: 32953
Posted: 24 April 2010 at 10:47pm

Well it wasn't good news :( I can't even comment either. Even though it's been in the paper all week

Edited by Kandice]]> Sat, 24 Apr 2010 22:47:51 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005829&title=redundancy#1005829 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005814&title=redundancy#1005814 Author: Raspberryjam
Subject: 32953
Posted: 24 April 2010 at 10:24pm

I got 0.6 % (i think) back when I took redundancy - bugger all really - but have also been advise to file a return

Adn the threshold befor you can ask for a benefit after redundacny is quite low from memory , so check it out asap - thats if you need it, I hope you wont

Big hugs Hun, I hope you get to stay, your having a bloody rough time ]]> Sat, 24 Apr 2010 22:24:27 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005814&title=redundancy#1005814 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005774&title=redundancy#1005774 Author: mummyofprinces
Subject: 32953
Posted: 24 April 2010 at 9:27pm

You can claim that rebate immediately too, your employer should give it to you with final pay slip .. but hopefully you wont need it.

Hmm, wonder if I am due anything else back, i figured the rebate was to cover that...]]> Sat, 24 Apr 2010 21:27:38 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005774&title=redundancy#1005774 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005763&title=redundancy#1005763 Author: tiptoes
Subject: 32953
Posted: 24 April 2010 at 9:09pm

When I got made redundant they taxed me as if I'd earn my normal salary + the redundancy amount so it was heaps more but then because I didn't earn over that amount and went and studied instead I got the nice tax refund. But you're right that is a pain since we've just finished the tax year

Hopefully you didn't get made redundant ]]> Sat, 24 Apr 2010 21:09:22 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1005763&title=redundancy#1005763 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000662&title=redundancy#1000662 Author: clover
Subject: 32953
Posted: 19 April 2010 at 5:15pm

They calculate your tax rate by 'grossing' up your last 4 weeks pay. I.e they take your last 4 weeks pay, multiply that to give them an annual figure, then add the redundancy payment on top.

Not sure how this will translate but here is the relevant table from the web page:

When the combined total of the lump sum payment and the grossed-up annual value of the employee's income for the previous four weeks* is ... then PAYE applies to the whole lump sum at a flat rate of ...
$14,000 or less 14.5 cents in the dollar.
from $14,001 to $48,000 23 cents in the dollar.
from $48,001 to $70,000 35 cents in the dollar.
greater than $70,000, but less than the ACC earners' levy maximum threshold of $110,018 (for the 2011 tax year) 40 cents in the dollar.
]]> Mon, 19 Apr 2010 17:15:27 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000662&title=redundancy#1000662 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000650&title=redundancy#1000650 Author: MissCandice
Subject: 32953
Posted: 19 April 2010 at 5:07pm

Thanks for your info.

Since we are only just into a new tax year now wouldn't the tax rate be lower than usual?

Sorry haven't looked at the link yet as I am just on my phone.]]> Mon, 19 Apr 2010 17:07:52 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000650&title=redundancy#1000650 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000644&title=redundancy#1000644 Author: GuestGuest
Subject: 32953
Posted: 19 April 2010 at 5:03pm

Yep, I agree with summerlamb. They can either do it that way and you get some tax back later or they can work how many weeks the redundancy equates to and override the tax to calculate it correctly for that longer period. You're lucky you get a redundancy payout in your contract, I haven't seen many contracts that allow for that nowadays!

Good luck for tomorrow.]]> Mon, 19 Apr 2010 17:03:09 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000644&title=redundancy#1000644 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000625&title=redundancy#1000625 Author: clover
Subject: 32953
Posted: 19 April 2010 at 4:50pm

I don't do payroll so this might be wrong but I think what happens is that because the amount you get paid at once would take you over the threashold for your normal tax rate for that pay period the portion over the threashold would be taxed at the higher rate. Then when you do your tax return at the end of the year you would get it back (assuming your earnings don't take you into the next band).

It explains all the tax bands to youhere

And don't forget to apply for the rebate as well, 6 cents in every dollar is something!

ETA: Just to fix up the weird order of my link

Edited by summerlamb]]> Mon, 19 Apr 2010 16:50:37 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000625&title=redundancy#1000625 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000600&title=redundancy#1000600 Author: MissCandice
Subject: 32953
Posted: 19 April 2010 at 4:33pm

I got told that your redundancy tax rate it alot higher than the normal rate? But if it is tve same rate that would be awesome. ]]> Mon, 19 Apr 2010 16:33:41 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000600&title=redundancy#1000600 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000582&title=redundancy#1000582 Author: clover
Subject: 32953
Posted: 19 April 2010 at 4:19pm

You get a rebate of 6 cents in every dollar. So you would take whatever your redundancy payment is and multiply it by 0.06. So if you got $5000 redundancy it would be 0.06 x 5000 = $300. You would get a rebate from IRD of $300.

The forms to apply for the rebate are on the IRD website.

Sorry to hear about this and fingers x that your job is safe!]]> Mon, 19 Apr 2010 16:19:19 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000582&title=redundancy#1000582 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000579&title=redundancy#1000579 Author: caliandjack
Subject: 32953
Posted: 19 April 2010 at 4:14pm

Not sure what you mean by redundancy tax? Any redundancy you receive will be at your normal tax rate. ]]> Mon, 19 Apr 2010 16:14:48 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000579&title=redundancy#1000579 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000534&title=redundancy#1000534 Author: MissCandice
Subject: 32953
Posted: 19 April 2010 at 3:48pm

Does anyone know what they charge you on redundancy tax? I find out tomorrow if I am being made redundant so I am planning ahead. Sucks though because I love my job ]]> Mon, 19 Apr 2010 15:48:03 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=32953&PID=1000534&title=redundancy#1000534