IRD Personal Tax Summary: Who Qualifies and What You Get
Understand how your annual tax reconciliation works and ensure your secondary income details are accurate to avoid surprises.
The IRD Personal Tax Summary provides an annual reconciliation that compares the tax you have already paid against the total tax you actually owe for the year.
Who it's for
This summary is for all earners living in New Zealand.
What you get
You receive a breakdown of your financial year to see if you have paid the correct amount of tax. This helps you understand if you are due for a refund or if you need to pay more to cover what was owed.
What it costs you
There is no monetary cost to access this information, but you will need a RealMe login to access your records online.
The catch to know
The most common mistake is assuming that the department already has all your information correct. You should double-check that all your secondary income details are accurately recorded to ensure the summary is reliable.
How to apply
- Access your myIR account.
- Log in using your RealMe credentials.
- Review your annual tax summary for the relevant period.