You can register for the income equalisation scheme in myIR. This allows you to:
- view balances
- deposit funds
- request a refund.
Before you start
You’ll need:
- to check you're eligible for the income equalisation scheme
Who is eligible - your business’s BIC code
- your current RWT rate
- the accounting period you made your first deposit into the income equalisation scheme. (If this is your first deposit, you’ll use the current accounting period.)
Select 'I want to'
You’ll find this on the left side of your myIR home page. This will bring up a list of options.
Select 'Register for income equalisation'
This option is under 'Registration, application and enrolment'.
Fill in the online form
Use the information you gathered and submit the form to us.
Log in to myIR
You can write to us about your balances, deposits and refunds. The previous IR155 paper forms are no longer being used.
Inland Revenue
PO Box 39010
Wellington Mail Centre
Lower Hutt 5045
What happens next
Your registration should process in real time. Then your income equalisation scheme account will appear in myIR.
If you have a tax agent or nominated person linked for income tax, they will automatically be linked for the income equalisation scheme as well.