Choosing to be a provisional tax payer

If you are not a provisional taxpayer but expect your residual income tax (RIT) will be more than $5,000, you may choose to be a provisional taxpayer. If you want to change the normal start date for interest, you would also need to estimate your  provisional tax for that year.

Electing to be a provisional tax payer

If you are filing by paper, attach a letter to the return. If you are filing in myIR, select that you elect to be a provisional taxpayer when you file your return.

To become a provisional taxpayer, you will need to:

• have paid at least $5,000 by the final instalment date (7 May for most people)
• have been reasonably sure, on the day you made the 1st payment, that you would be liable to pay provisional tax for the year
• send your request to be a provisional taxpayer at the same time as you file that year's income tax return.

Estimation option