Payment Service Providers

Collecting information from Payment Service Providers (PSPs)

From 15 December 2022, we can regularly collect bulk data from PSPs. In 2022, an Order in Council was made to allow us to collect this information.

Tax Administration (Regular Collection of Bulk Data) Regulations 2022 (SL 2022/295) – New Zealand Legislation

The first period that these new regulations apply to will be 1 April 2023 – 30 September 2023, and the information for this period is due 7 November 2023.

Who needs to report their transactions

Organisations that facilitate payments for goods and services between customers and merchants will need to report these transactions to us. The information will be used to:

ensure that business taxpayers comply with their tax obligations by paying the correct amount of tax
offer enhanced information, services and support.

Pages in this section

Who is a Payment Service Provider A Payment Service Provider (PSP) is a business that participates in a payment system by facilitating payments for goods and services between customers and merchants.
Reporting requirements for Payment Service Providers Organisations that facilitate payments for goods and services between customers and merchants will need to report these transactions to us.
How to submit data to Inland Revenue Here's what you need to give us as a Payment Service Provider.
Getting an exemption A PSP may seek a partial exemption or full exemption from providing us with merchant data and information as required by the Order In Council.