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All superannuation funds registered with the Financial Markets Authority must file an Income tax Registered superannuation funds return - IR44 .

Superannuation funds returns

If your scheme isn't registered with the Financial Markets Authority and allows beneficiaries to contribute, it will be treated as a company for tax purposes and must file a Companies income tax return - IR4. If the scheme doesn't allow beneficiaries to contribute, it will be treated as a trust and must file a Trust or estate income tax return - IR6.

Different rules apply if your scheme is registered as a Portfolio Investment Entity (PIE).

Portfolio investment entities

Widely-held superannuation funds and Legacy superannuation funds

Widely-held superannuation funds are schemes with 20 or more members. Widely-held superannuation funds have fewer reporting requirements than other superannuation funds. If your fund used to meet the requirements of a widely-held superannuation fund but does not anymore, it is a legacy superannuation fund. Both widely-held superannuation funds and legacy superannuation funds pay a 28% tax rate.

Reporting Requirements

Some domestic trusts need to report more information than other trusts. We have an online tool to help you find out if you need to report this information.

Additional reporting requirements for NZ domestic trusts

If your scheme files an IR6, the required information will be included in that form. However, if you are required to comply, file an IR44, and are not a widely-held superannuation fund you will need to provide this information.

To comply, you will need to complete the forms below and include these as attachments to your return.

Last updated: 01 Apr 2024
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