Non-resident withholding tax (NRWT)

Income tax Dates

JAN 15

AIM instalments are due if you have a March balance date.
JAN 15

Provisional tax payments are due if you have a March balance date and use the standard, estimation or ratio options.
JAN 29

AIM instalments are due if you file GST monthly and have a March balance date.

All Income tax dates

Non-resident withholding tax (NRWT) is a tax withheld from New Zealand payments of interest, dividends, and royalties to non-residents (foreign investors).

These kinds of payments are called non-resident passive income (NRPI).

If you're a foreign investor who gets non-resident passive income, then your tax will be paid to us by your New Zealand based payer.

If you make non-resident passive income payments to foreign investors, then you'll need to:

register as a payer
deduct NRWT from these payments
send the deductions to us.

Make sure you understand your non-resident withholding tax (NRWT) deduction and reporting obligations.

Investment income reporting

NRWT - payers guide IR291 2023 (PDF 158KB) Download guide

Pages in this section

Register as an NRWT payer Before you can start deducting NRWT, you’ll need to register as a payer.
Set up a non resident withholding tax refund How to set up a refund for non resident withholding tax (NRWT), or issue a certificate of NRWT paid.
Deduct NRWT at the right rate You need to work out the deduction rate for each person you're paying.
Non resident withholding tax (NRWT) and exemptions Some non-resident people or organisations may have an NRWT exemption on their non-resident passive income (NRPI) from New Zealand.

Te tāke kaiponu kainoho-tāwāhi Non-resident withholding tax (NRWT)

Income tax Dates

Topics

Roles

Non-resident withholding tax (NRWT)