16 minutes ago
Low-income households, including those on NZ Super, may be entitled to a tax refund on their lines company rebate in some parts of the country.
In many parts of New Zealand, community and consumer trusts own shares in their local lines company. Each year, the company pays a dividend to shareholders.
In most parts of the country, that is applied as a discount on power bills, but in some, such as the Entrust area of Auckland and the Union area of Hawke's Bay, they are paid as taxable dividends and taxed at a rate of 33 percent.
That could mean that someone in a single-person household, who was on a 17.5 percent tax band - as many people living on NZ Super are - would be due a refund of almost $80.
