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You can get the independent earner tax credit (IETC) during the year by choosing a special tax code. This means you'll pay less tax each payday. 

You can also get it after the end of the tax year.

After the end of the tax year we'll send you an income tax assessment. If you did not receive the right amount of independent earner tax credit, you might get a refund or have tax to pay. 

How to get the independent earner tax credit during the year

If you have 1 job

If you earn between $24,000 and $48,000 from 1 job: 

  • Fill in the Tax code declaration - IR330. Choose tax code ME or ME SL.
  • Give the IR330 to your employer before your next payday.  

If you have more than 1 job

If you earn less than $24,000 in your main job but your total income is between $24,000 and $48,000, you have 2 options.

Option 1

  • Fill in the Tax code declaration IR330. Choose tax code ME or ME SL for your main job only.
  • Give the IR330 to your employer before your next payday. 

Option 2

  • Apply for a tailored tax code during the tax year. Tailored tax codes help you pay the right amount of tax if your circumstances mean you often have a large tax bill or refund.

Apply for a tailored tax code

If you start a new job

Fill out a Tax code declaration IR330 every time you start a new job.

If you’re still eligible for the independent earner tax credit, choose tax code ME or ME SL. Give the IR330 to your employer before your next payday.

If your new salary means you’re no longer eligible, choose tax code M or M SL.

The independent earner tax credit is worked out on whole months. Starting a new job might mean you get too little or too much independent earner tax credit. You can apply for a tailored tax code to help make sure you get the right amount of independent earner tax credit.

How to get the independent earner tax credit at the end of the tax year

If you're entitled to get the independent earner tax credit but did not get it during the year, then you'll automatically get it after the end of the year after your income tax assessment has been processed.

Income tax assessments