We're paying 2016 tax refunds now!

WooHoo! Payday for 2016 has arrived – and we're just as excited as you are!

IRD have begun releasing tax refunds for the 2016 tax year, which means we're now allowed to pay our clever customers their hard earned overpaid tax dollars.

If you've chosen WooHoo for your 2016 tax refund, keep an eye on your phone and inbox! We'll be in touch with either an email or a text message (or both!) to let you know your tax refund is on its way to your bank account, or that your cheque will be couriered to your doorstep really soon. WooHoo!


So what does this mean for New Zealand?

Estimates by us, shown in the table below, indicate that if all the employed people in these regions claimed the overpaid tax that may be owing to them, over $1 billion could be injected into the economy. This includes over $340 million into the Auckland region alone.

Region Number of employed people* Possible regional tax refund total $**
Northland 73,500 31,443,300
Auckland region 796,900 340,913,820
Waikato 221,400 94,714,920
Bay of Plenty 139,400 59,635,320
Gisbourne/Hawke's Bay 98,900 42,309,420
Taranaki 60,000 25,668,000
Manawatu/Wanganui 107,800 46,116,840
Wellington region 265,800 113,709,240
Tasman/Nelson/Marl/West Coast 90,800 38,844,240
Canterbury 330,100 141,216,780
Otago 121,600 52,020,480
Southland 54,600 23,357,880
TOTAL 2,360,800 1,009,950,240

 

*Source: StatsNZ, March 2014

**Unaudited calculation made by multiplying the number of people employed by 0.93 (the percentage of WooHoo customers who have overpaid their tax in the past five years) x $460 (the average refund received by WooHoo customers).


Don't lose it. WooHoo it!

Now that we can pay 2016 tax refunds, there’s never been a better time to get online and apply for your WooHoo tax refund. Choose not to lose – choose WooHoo, New Zealand’s only Consumer Trusted tax refund company!