Keep your money... You've earned it
Good news for workers in New Zealand. From today, everything you earn is now your own money.
Monday April 30th is New Zealand's Tax Freedom Day this year, described as the day when the average person stops working for the government and starts working for themselves.
Back in 2001, NZ Tax Freedom Day was celebrated on April 11th, but has moved steadily forward as government spending has increased.
However, chartered accountants Staples Rodway say New Zealand's real Tax Freedom Day could actually be in mid-June when all factors are included, and given that government spending last year was 4% higher than forecast.
The United States as a whole is also celebrating Tax Freedom Day today, while Australia celebrated it on Tuesday April 24th, and India paid off their tax burden back in mid-March.
* Scoop: Tax Freedom Day is 30 April
* Scoop: New Zealanders work longer to pay their taxes
Posted at 11:16 am