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Changes to the myIR login screen are coming You will not be able to use myIR between 1pm Saturday 8 October and 8am Monday 10 October. This is so we can update our external authentication system. From Monday 10 October the myIR login page will have a new look and feel, but the login process will not change.

Cost of Living Payment Eligible customers will have the payment automatically paid into their bank accounts by the end of the day 3 October 2022. The payments will be staggered and Credit Union customers may not receive their payment until 4 October 2022. Cost-of-Living-Payment

Your taxable income

Most income you get is taxable. This means we’ll include it in your end of year automatic calculation, or if you file an individual tax return – IR3 then you’ll need to declare the income.

Taxable income can include income from:

  • working including salary, wages or self-employed income
  • benefits and student allowances
  • assets and investments including Kiwisaver and rental income
  • overseas income.

Some income is not taxable, so we will not include it in your end of year automatic calculation. If you file an individual tax return – IR3, then you will not need to declare the income.

Non-taxable income can include:

  • prize money and inheritances, although interest earned from investing these is taxable
  • gifts or koha, if the giver gets nothing in return
  • reimbursing someone for money they’ve spent.

Read more about different types of income.

Types of individual income

Types of business income

If you are not sure if your income is taxable, you can contact us.

How income is taxed

Either someone else takes tax out of your income on your behalf or you pay the tax yourself.

If someone else takes tax out of your income they pass the tax on to us on your behalf. You are paid the after-tax amount.

If you pay tax yourself, you work out how much you need to pay at the end of the tax year (31 March) and pay the tax directly to us.

Last updated: 10 May 2021
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