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Kiwis are often issued a unique IRD number at birth itself – and the IRD makes it really is easy to get one, online or in person. But why do we need it? Firstly, it is a requirement by the IRD.
We need your IRD number if you earn income from any source, joined KiwiSaver, applied for a student loan, have filed tax returns, buy/sell/transfer property, and/or starting up as self-employed. It is a unique number issued to you by the Inland Revenue Department so they can identify you and also so we can become your tax agent. It will be an 8- or 9-digit number in the range of '10-000-000' to '999-000-000'.
You can find your IRD number in your myIR Secure Online Services account, on letters or statements from the IRD, on your KiwiSaver statement and/or on your income details from your employer.
If you don't have an IRD number, your employer will deduct income tax at the highest non-declaration tax rate of 45%. You should also check with your bank about the rate they charge on tax.
Although, it is super easy to get one.
Even if you don't keep paper records anymore of your statements anymore, simply call the IRD over the phone, prove your identity and they’ll give you your IRD number right away. Or, you can look it up at the IRD website.
That's okay. Just apply or login and send us an email. We'll get back to you as soon as possible.
Information In Safe Hands
In addition to obligations under the Privacy Act 1993, we also comply with ISO 27000 for added responsibilities to adhere to, and so far, we have feel we are the only ones to be a ISO Certified in New Zealand, but we could be wrong.
Authorization And Agreement
We follow all legality of agreement as laid down by the Government of New Zealand, as well as the IRD. Here is a simple breakdown of our Terms and Conditions of Engagement which you may find applicable to any other scenario as well.
Personal Tax Summary
The details of all your income and tax deductions over the course of a financial year are filed under a Personal Tax Summary or PTS, in short. These details are based on the information that the IRD has with them.