Your taxable income

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 28

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

All Income tax dates

Your taxable income

Most income you get is taxable. This means we’ll include it in your end of year automatic calculation, or if you file an individual tax return – IR3 then you’ll need to declare the income.

Taxable income can include income from:

working including salary, wages or self-employed income
benefits and student allowances
assets and investments including KiwiSaver and rental income
overseas income.

Some income is not taxable, so we will not include it in your end of year automatic calculation. If you file an individual tax return – IR3, then you will not need to declare the income.

Non-taxable income can include:

prize money and inheritances, although interest earned from investing these is taxable
gifts or koha, if the giver gets nothing in return, although depending on the circumstances you may still have to pay income tax
reimbursing allowances: reimbursing someone for money they're spent
specific non-taxable employment allowances such as for temporary additional transport costs

Taxing prize money
Donations (koha)
Reimbursing allowances

Read more about different types of income.

Types of individual income
Types of business income

If you are not sure if your income is taxable, you can contact us.