When you retire

When you retire there are a number of tax issues that can affect you and you may wish to nominate someone to act on your behalf.

Student loans when you're receiving New Zealand Super or Veteran's Pension

If you have a student loan, you still have to make repayments towards this.

Tax on your income when you retire

There are some tax matters that may affect you when you retire: tax on investment or other income as well as New Zealand Superannuation, using the correct tax code and tax on overseas pensions.

Paying gift duty and setting up trusts when you retire

If you are providing gifts or setting up a trust when you are retired, there are tax issues you need to be aware of.

Nominate someone to act on your behalf

You can nominate someone to act on your behalf to look after your tax affairs. This could be if you're going overseas for an extended period, if you can't contact us during work hours for any reason, or if you would just like someone other than a tax agent to look after your tax affairs.

Working for families tax credits and child support when you retire

A retirement payment could affect the amount of working for families tax credits you receive, or the amount of child support you are assessed to pay.

Date published: 31 Jan 2005

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