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Budget 2025 | The Government has introduced changes to Working for Families and KiwiSaver as well as introducing Investment Boost: an immediate tax deduction when acquiring new business assets. Find out more: www.budget.govt.nz

We’ve fixed an issue with credit transfer requests and refunds from early filed Income tax returns.   

A change to the laws means that from 1 April 2019, Income tax credit transfers from the 2020 financial year onwards can be completed at the earlier return filed date or the day after the period end date.   

Our system now uses the correct date for any credit transfers or refunds requested on returns you filed early. If you have clients with credit transfers that should be completed at the earlier return filed date, please send a web message in myIR requesting these transfers.