New Zealand Tax Policy
The Inland Revenue or Inland Revenue Department is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax..
1, Your IRD number identifies you for all the tax related events in your life. Your IRD number is unique to you, and you keep the same IRD number for life. 2, You need an IRD number for any tax related obligations you have or entitlements you get. Common examples of when you need an IRD number include: earning income, for example from a job, benefit or investment, opening a bank account, joining KiwiSaver, applying for Working for Families, child support or a student loan, buying, selling or transferring property in New Zealand. 4, It’s a good idea to get an IRD number even if you do not need one yet. 5, You can get an IRD number for your baby when you register their birth. 6, If you do not have an IRD number when you start earning income, you'll pay a higher tax rate of 45%. 7, Keep your IRD number where you can easily find it. You will need it for all tax related events in your life. 8, Use this process to apply for an IRD number if you are a 'new arrival' to New Zealand, as advised by Immigration NZ. 9, Your IRD number identifies your business for all its tax related events. It's unique to your business.