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New Plymouth office closure | The New Plymouth office is temporarily closed for upgrades and is expected to reopen on Wednesday 12 February.

Gisborne office temporarily closed | Our Gisborne office will be closed from 12pm 14 February 2025 until 10.30am 26 February 2025. For anything urgent, you can call our contact centre.

We are carrying out a programme to assist customers and tax agents with Employee Share Scheme (ESS) reporting.

Over the coming year, we will be educating various interest groups on ESS reporting, income, deductions, and the transitional rules. We will also be encouraging them to file voluntary disclosures for any ESS benefits that have not been reported, or where mistakes have been identified.

Make a voluntary disclosure (ird.govt.nz)

We will be running compliance activity at the same time as this programme. Non-reporting of ESS benefits is a tax shortfall and this may lead to shortfall penalties.

It's important that employers communicate clearly to their employees the tax to pay on an ESS benefit, especially if the employer has elected not to deduct PAYE.

Employee share schemes (ESS) (ird.govt.nz)

Last updated: 24 Jan 2024
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