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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 are aware that some tax agents are having trouble finding the Imputation credit account (ICA) closing balance in the new version of myIR.

Previously, the ICA closing balance for each return year was found under the More... tab on the income tax period level.

In the new version of myIR, this is found under the Income tax account. To find it:

  • Go to the Income tax account panel
  • Click on the ‘More...’ menu (to the right of the panel)
  • Select Additional period details under the Reports heading
  • Select the period

This is also where you will find the Agent extension of time information and whether we have been notified if the client will be using tax pooling.

Last updated: 10 Nov 2021
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