Reminder about 1 Oct!
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Category: General Chat
Forum Name: General Chat
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URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=21309
Printed Date: 11 October 2025 at 9:51am
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Topic: Reminder about 1 Oct!
Posted By: emz
Subject: Reminder about 1 Oct!
Date Posted: 30 September 2008 at 11:47am
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Just remember the new tax cuts take effect tomorrow!
Woohoo! More money yay (not that I qualify as I earn under the threshold (part time) but DH does so yay! We can buy a block of cheese next week hehe |
Replies:
Posted By: clover
Date Posted: 30 September 2008 at 11:59am
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I don't know what I'll even get, probably like $11 a week or something stupid. ------------- http://lilypie.com"> 
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Posted By: peanut butter
Date Posted: 30 September 2008 at 12:07pm
| yay!!!! we get $50 a fortnight more. That is HEAPS!!! if you saw our budget |
Posted By: monikah
Date Posted: 30 September 2008 at 12:16pm
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wow how do we find out what the changes are and how much we get?
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Posted By: mummyofprinces
Date Posted: 30 September 2008 at 12:21pm
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IRD website hun, they have some stuff up there. -------------   
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Posted By: HippyMama
Date Posted: 30 September 2008 at 12:26pm
I have no idea whether it is affecting us much or not, I should probably ask DH 
And on a side note, October 1st is also World Vegetarian Day  ------------- Mama to two earth walkers & two angels. Remember, you are not managing an inconvenience; You are raising a human being. ~ Kittie Franz Next Slingbabies! Meet - Friday 4th May !! |
Posted By: ohanlon82
Date Posted: 30 September 2008 at 12:28pm
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we are going to get $40 a week - between DH and I YAY
more money  ------------- http://lb2f.lilypie.com/TikiPic.php/RPaODBg.jpg |
Posted By: Roksana
Date Posted: 30 September 2008 at 12:28pm
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yah we get like $50 a week extra too...not bad I guess! ------------- http://lilypie.com"> 
http://lilypie.com"> 
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Posted By: monikah
Date Posted: 30 September 2008 at 12:28pm
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yay we get $100 a month from DH, i dont get nothing cos i dont earn enough. lol -------------
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Posted By: Natalie_G
Date Posted: 30 September 2008 at 12:32pm
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I have no idea how much extra ill get, suppose will find out tomorrow.
My boss is a little unsure if the pay period will mean a tax cut tomorrow since the pay period is in September not October. Shall be interesting. ------------- http://lilypie.com">  
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Posted By: kebakat
Date Posted: 30 September 2008 at 12:32pm
| We aren't going to get that much I don't think, but with that plus WFF going up it will be a nice little addition to the budget. Good to go towards buying Daniel a big boys bed! |
Posted By: peanut butter
Date Posted: 30 September 2008 at 12:39pm
| I just looked up the pay period thing as DH gets paid on Thursday. IRD say that as he worked in September it is taxed under the old rates. So 2 more weeks till we get our extra $$$$$ |
Posted By: T_Rex
Date Posted: 30 September 2008 at 12:42pm
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Dagster, the tax cut will take effect from the 1st regardless. And if your pay period covers some days from each, you'll get the september days at the old rate and the october days at the new rate. So when I get paid next week, only some of the days will be at the new rate, and I'll have to wait another fortnight before I get a full pay at the new rate. Does that make sense? ------------- http://lilypie.com">  http://lilypie.com">
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Posted By: ohanlon82
Date Posted: 30 September 2008 at 1:00pm
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yeah depending on when the pay week end falls
i will get nothing this time get paid tomorrow and in on thursday but next week will take effect.. DH will get 1 week old rates and 1 week new rates - for fortnight ------------- http://lb2f.lilypie.com/TikiPic.php/RPaODBg.jpg |
Posted By: cuppatea
Date Posted: 30 September 2008 at 1:05pm
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Yay, had forgot about that, we get quite a bit DH gets paid weekly too so we won't need to wait to long to get it.
I just signed up for WFF as well and we get a little something once we have two kids  Although DH is due a payrise so then we might not get it ------------- 
 
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Posted By: mummy_becks
Date Posted: 30 September 2008 at 1:34pm
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I have no idea what we will get (if anything) but I do know we will get an extra $20 from WFF. ------------- I was a puree feeder, forward facing, cot sleeping, pram pushing kind of Mum... and my kids survived! |
Posted By: LizzyJ
Date Posted: 30 September 2008 at 1:51pm
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Yay i will get $10.10, thats enough for cheese on sale!!! lol ------------- http://lilypie.com">  http://lilypie.com"> 
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Posted By: lilfatty
Date Posted: 30 September 2008 at 2:02pm
If the period being paid relates to September then it is at the old rates (even though you are getting the money in october) ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year  http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Dagster wrote:Posted By: BugTeeny
Date Posted: 30 September 2008 at 2:03pm
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Call me dumb, but where do I go on the IRD website to work that out?
Same with WFF ------------- 
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Posted By: Daizy
Date Posted: 30 September 2008 at 2:03pm
Yeah I couldnt figure it out either ------------- 
 
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Posted By: cuppatea
Date Posted: 30 September 2008 at 2:06pm
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On the home page there is a section called individuals and families and then under that is the link to income tax and WFF then use the calculators once you are in the right section.
The income tax page has a link to the changes in tax thresholds which gives a rough indications (goes up in $5K chunks). -------------
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Posted By: Shadowdance
Date Posted: 30 September 2008 at 2:10pm
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It looks like we'll be getting about an extra $18 a week from WFF :) which will be nice. Every little bit helps
The WFF can be worked out here but I dont know about the tax cut things. http://www.ird.govt.nz/calculators/tool-name/tools-c/calculator-wfftc-estimate-2009.html?id=righttabs |
Posted By: Daizy
Date Posted: 30 September 2008 at 2:10pm
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Thanks :) -------------
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Posted By: Daizy
Date Posted: 30 September 2008 at 2:17pm
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Looks like we get a whopping $12 from tax cuts and $7 from IRD. Mmm looks like chese can be finally added to the grocery list -------------
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Posted By: baalamb
Date Posted: 30 September 2008 at 2:21pm
| That was confusing until DH talked it over with me. But thank you for this thread! I just randomly clicked on something else on the IRD website and discovered that we can get a childcare rebate!!! I'm excited at the prospect of applying for that! |
Posted By: .Mel
Date Posted: 30 September 2008 at 2:27pm
We get an extra $57 a week.... I can buy formula and cheese and pineapple lumps!! ------------- Mr Mellow (16) Miss Attitude (8) Destructa Kid (3) 
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Posted By: lilfatty
Date Posted: 30 September 2008 at 2:29pm
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Man ... how is everybody getting so much ...
So not fair .. goes to sulk in corner ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: .Mel
Date Posted: 30 September 2008 at 2:32pm
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Make sure you are getting the inwork payment as well as the rest. ------------- Mr Mellow (16) Miss Attitude (8) Destructa Kid (3)
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Posted By: emz
Date Posted: 30 September 2008 at 2:35pm
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Lilfatty - I assume you get more from WFF depending on income (obviously) and # of kids as all of the thresholds have gone up per child etc.
We get (I think) $16 per week for DH and an extra $14 per week from WFF so $30 a week yay! I'm pretty sure when they had it on the news a while back you get $15-16 a week if you earn between $40-80,000, then it goes up. I can't remember what the new thing is for 20-40k, and under 20k don't get anything I think (although we might which would be great!) Oh and of course you get that money EACH, so if 2 of you are working you get twice the rebate (obviously only one lot of WFF though). |
Posted By: BugTeeny
Date Posted: 30 September 2008 at 2:40pm
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I'm completely cluless
WFF was easy to do, but I still can't see where to look for tax. What a dummy. -------------
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Posted By: Shadowdance
Date Posted: 30 September 2008 at 2:44pm
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Hehehe Mel
Great to see I'm not the only one that NEEDS their pineapple lumps MamaPickle (great name by the way) lol I don't have a clue where to find that bit out either |
Posted By: lilfatty
Date Posted: 30 September 2008 at 2:48pm
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I dont get anything from WFF now as I earn above the threshold
But it looks like Im going to get $56 extra a fortnight once the tax rate changes.. so not too shabby (obviously it would be better if it was a week lol) Emz I would double check your eligability ... as Im in the bracket you mentioned and it works out at an extra $28.00 per week. ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: BugTeeny
Date Posted: 30 September 2008 at 2:53pm
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How did you work that out?!?
I've been going round and round in circles on their stupid website
All I wanna know is how many cents in the dollar someone on MSL pays, and how much they'll pay after tomorrow, *tears hair out* angry spelling corrected -------------
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Posted By: Shadowdance
Date Posted: 30 September 2008 at 3:02pm
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*adjusts her stoopid hat*
and tries again to find it...... |
Posted By: emz
Date Posted: 30 September 2008 at 3:04pm
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Yeah I can't find it either.
Really Julia? I'm just going from what was on the news ages ago, but then again I think I saw something about how tax cuts were increasing. Hmm If someone could post a super easy linky so it just has the table or something that would be good! |
Posted By: lilfatty
Date Posted: 30 September 2008 at 3:05pm
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Link for Charly ....
https://interact2.ird.govt.nz/forms/payecalculator/ - IRD Calculator Firstly chose the old period Then chose the new period Then work out the difference  ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: emz
Date Posted: 30 September 2008 at 3:09pm
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Here's a simple rundown:
http://www.ird.govt.nz/news-updates/like-to-know-tax-rates-change-oct-2008.html#personal-income-tax-rates - IRD tax cuts Lilfatty you must earn a lot more than us as I just looked and its only $28 if you earn over 70k. I got my initial one wrong (going off the original press release, not this one). But... I get an extra $5 a week so that's good. Yay. I get taxed at 12.5% lol cos I earn peanuts! |
Posted By: Shadowdance
Date Posted: 30 September 2008 at 3:11pm
| ohhhhhhh we'll get a whole $5.02 a week hehehe |
Posted By: lilfatty
Date Posted: 30 September 2008 at 3:12pm
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Big ups for the 12.5% ... every little bit helps in the end ... I couldnt remember what they had said in the press releases ...I just used the calculator.
Although I should know that .. since Im responsible for paying people lol ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: emz
Date Posted: 30 September 2008 at 3:15pm
| Yeah that calculator confused me cos Dh gets paid strangely and I never know whether he's Arthur or Martha so I just went off the estimate. |
Posted By: BugTeeny
Date Posted: 30 September 2008 at 3:17pm
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Julia, I love you (and you're little girl too *evil laugh*).
Thanks
Although, according to that we get a whole $3.60 per week! Awesome! -------------
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Posted By: lilfatty
Date Posted: 30 September 2008 at 3:21pm
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Oh its good to be loved ..
(Although my calculator obviously wasnt as good to you as it was to me) ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: Shadowdance
Date Posted: 30 September 2008 at 3:26pm
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Hey, every dollar counts these days :)
Although mine wont go towards cheese hahaha - I buy mine in bulk But no doubt it will go on the kids ;) |
Posted By: Candkids
Date Posted: 30 September 2008 at 3:37pm
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hmmmm bet we dont get a thing just like WWf tax credits ------------- http://lilypie.com" rel="nofollow">  DD 10.5yrs DS 6yrs DS 11mths 5 little angles watching from above |
Posted By: clover
Date Posted: 30 September 2008 at 4:12pm
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Well we will get $45 per week which is much better than the $11 I sarcastically mentioned at the beginning of this thread, so can't complain really I guess! ------------- http://lilypie.com">
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Posted By: AnnC
Date Posted: 30 September 2008 at 8:42pm
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I dunno what Dh (don't think my lil part time wage gets any taxx cut) but working for families we get an extra $16 a fortnight. ------------- Ann 
Also Mum to Josh (15) and Brooke (10) |
Posted By: emz
Date Posted: 30 September 2008 at 9:13pm
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Ann - I earn under 9k as I don't work much and I get an extra $5 a week so you should get something.
Catz - everyone gets the tax cuts so you will qualify (and the more you earn the bigger the cut )
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Posted By: lilfatty
Date Posted: 01 October 2008 at 9:01am
Yeah I couldnt quite work that out ... but at least its a plus for me (tax wise) .. however I dont get WFF so it probably evens out in the end  ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: IVFGirl1111
Date Posted: 01 October 2008 at 9:10am
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So Im confused you know how it comes into pay today, does that mean that your pay that goes in say tonight or tomorrow night will be the new price - or will it be the old price?
Or does it come into play properly next week? ------------- TTC 6 years IVF it is IVF/ICSI round one 10 eggs, 8 mature, 3 fertilised BFN IVF/ICSI #2 = 22 eggs! 20 mature, 15 fertilised, 1 fresh transfer and 2 frosties BFN 2 Frosties still in freezer thank god |
Posted By: clover
Date Posted: 01 October 2008 at 9:26am
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It relates to hours worked from today, so if you get paid tonight for the hours you worked last week it will be at the old rate. If you get paid next week for the hours that you've worked this week it will be a combination of the old rate (until yesterday) and the new rate (from today). Then going forward it will all be at the new rate.
If your pay covers your wages from dates both betore and after 1 October they will work out your pay split between the dates, ie Monday and Tuesday of this week will be calculated at the old rate and Wed - Fri at the new rate. Make sense? ------------- http://lilypie.com">
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Posted By: IVFGirl1111
Date Posted: 01 October 2008 at 9:51am
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Yep totally makes sense thanks - damn why couldnt have they brought it in to start on a Monday?!
Im going to have a nightmare figuring out how much to pay everyone for the split week!
But yah for the increase! ------------- TTC 6 years IVF it is IVF/ICSI round one 10 eggs, 8 mature, 3 fertilised BFN IVF/ICSI #2 = 22 eggs! 20 mature, 15 fertilised, 1 fresh transfer and 2 frosties BFN 2 Frosties still in freezer thank god |
Posted By: lilfatty
Date Posted: 01 October 2008 at 11:06am
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Well its a tad more confusing than that.
It is when the pay period ends. So for example if you get paid tomorrow for the week ending today (eg .. Thursday 25th September to Wedneday 1st October) because the pay period ends in October .. you get taxed at the new rates. For example the payroll I did today the period end was yesterday .. so they are going to get the old rates. The payroll Im doing tommorrow the pay period ends today .. so they get the new rates. Hopefully that sheds some light. Oh and the entire period is taxed on old or new .. they dont tax a certain number of days at the old and a certain number at the new. ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: IVFGirl1111
Date Posted: 01 October 2008 at 11:10am
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Thanks lilfatty - so what about the week 29th September-5th October since its half and half? Do you do on the old rates or new? ------------- TTC 6 years IVF it is IVF/ICSI round one 10 eggs, 8 mature, 3 fertilised BFN IVF/ICSI #2 = 22 eggs! 20 mature, 15 fertilised, 1 fresh transfer and 2 frosties BFN 2 Frosties still in freezer thank god |
Posted By: lilfatty
Date Posted: 01 October 2008 at 11:26am
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The period ends in October .. so the entire amount is taxed on the new rates.
------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: IVFGirl1111
Date Posted: 01 October 2008 at 11:37am
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sweet - so say I put wages in on tomorrow night which is for week starting 29th September and ending 5th October - they would get the new rate in their banks? Just double checking.
Thank you your a star ------------- TTC 6 years IVF it is IVF/ICSI round one 10 eggs, 8 mature, 3 fertilised BFN IVF/ICSI #2 = 22 eggs! 20 mature, 15 fertilised, 1 fresh transfer and 2 frosties BFN 2 Frosties still in freezer thank god |
Posted By: lilfatty
Date Posted: 01 October 2008 at 11:45am
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Yep its taken from period end .. not payment date.
I just double checked our literature (too be doubley certain Im not telling porkies). ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: clover
Date Posted: 01 October 2008 at 11:54am
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oh bugger, I guess we better double check what we've done then!!!! Thanks lilfatty ------------- http://lilypie.com">
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Posted By: IVFGirl1111
Date Posted: 02 October 2008 at 9:06am
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Thanks heaps! ------------- TTC 6 years IVF it is IVF/ICSI round one 10 eggs, 8 mature, 3 fertilised BFN IVF/ICSI #2 = 22 eggs! 20 mature, 15 fertilised, 1 fresh transfer and 2 frosties BFN 2 Frosties still in freezer thank god |