Tax Return - Individuals should be filed: -within 1 month from the date of issue of the Tax Return if the taxpayer did not solely own any unincorporated business during the year of assessment; or -within 3 months from the date of issue of the Tax Return if the taxpayer solely owned any unincorporated business during the year of assessment; or - We either automatically assess you, or you need to file an IR3 return. Expect delays if you mailed a paper return or had to respond to an IRS inquiry about your e-filed return. Ascertain the correct amount of income and expenses and report in Part 3 the rental income from all your solely-owned properties and related deduction under property tax. Taxpayers are required to complete and send the tax return back to the Inland Revenue Department (IRD) within 1 month from the date of issue of the return (i.e. You can update these any time during the tax year. Average exchange rates of major currencies for the past six years for salaries tax purpose are available in our Homepage. Second Instalment of Provisional Tax. Lost IRD number You keep the same IRD number for life so even if you lose it you don’t need to apply for a new one. Introduction. If you receive BIR60 from us, you must complete and submit it in time even if you do not have any income to report. We collect most of the revenue that the New Zealand government needs to fund its programmes. Closure of the Inland Revenue Division (IRD) Building; Closure of Cashiers' Units - End of Year 2020; Tax payments of $100,000 and over via TransACH & safe-tt now available; Application for Value Added Tax (VAT) Bonds - July 28, 2020; Value Added Tax (VAT) Bonds Application forms are available Online - April 29, 2020 Alternatively, you may get a duplicate tax return by visiting at the Enquiry Service Centre at 1/F, Revenue Tower, 5 Gloucester Road, Wan Chai, Hong Kong during office hours. Report the total value of the place of residence provided by your employer or associated corporation in Part 4.2. Automatic tax refunds are coming in 2019 and already scammers are taking the opportunity to trick people into handing over bank account details. Applications for further extension should be made in writing on a case-by-case basis. Tax Return Anyone holding a Working Holiday Visa is entitled to a tax return, so all or part of the tax they paid whilst working in New Zealand.In order to apply for your tax return you need to: Contact the Inland Revenue about 1 month before you are due to leave New Zealand. Please Use Mozilla Firefox! an automatic extension of 1 month will be given for filing the Tax Return for the year of assessment 2019/20 electronically. Fill in all relevant boxes for reporting full  information. IR1 New Business Registration Form:IR1.doc IR5 Taxable Benefits of Housing and Vehicles Proivided by Employers: IR5.pdf IR9 Employer Monthly PAYE Summary: IR9.pdf IR11 Annual PAYE Summary: IR11.pdf IR14 Annual Withholding Tax Certificate: IR14.pdf IR16 Withholding Tax Monthly Summary: IR16.pdf IR17 Interest Withholding Tax Payee Deduction Statement: … To find out how much you owe or to verify your payment history, you can view your tax account. If the taxpayer is married for all or part of the year and has elected joint assessment / personal assessment or has been nominated by his/her spouse to claim home loan interest deduction, his/her BIR60 should also be signed by his/her spouse. For details about the Block Extension Scheme, please click here. Please. Return of Income - [Asmt_CIT_001_E] Schedules to Return of Income – Part A - [Asmt_CIT_002A_E] Schedules to Return of Income – Part B - [Asmt_CIT_002B_E] Guide to Corporate Tax Return of Income - [Asmt_CIT_003_E] Transfer Pricing Disclosure Form : Guide to Transfer Pricing Disclosure Form : List of the Codes for Special Tax Rates on Schedule 4 You need to complete an individual tax return at the end of the tax year if you received more than $200 (before tax) in income that we have not been told about. Once you log in, you can: View Balances and Expectations; File Returns; Generate Payment Slips; View Correspondence...and more! You may download a specimen of the Tax Return - Individuals (BIR60), in either English or Chinese, which contains a quick guidance on how to complete BIR60. Fill in all relevant boxes to support your claim(s). Pamphlet : Salaries Tax and Personal Assessment. Photocopies or fax copies of tax returns are NOT acceptable. 30 th. Most of your questions will be answered in the Guide. (Details). How to complete the tax return If you have any enquiry concerning the completion of the Tax Return - Individuals (BIR60), you may call 187 8022 or see how to complete BIR60. Block Extension Scheme for taxpayers who have appointed a tax representative : Individual application for extension of time for submission of Tax Return : The Department has developed a Tax Calculator to help you calculate your own Salaries Tax liabilities. 32 If your income at Question 29 is between $24,000 and $48,000, you may be able to claim the independent earner tax … Failure by any person to report his/her correct income may result in the omission of income without reasonable excuse, an act liable to heavy penalty. The two amounts of tax are added together. All the salaries income from your employment/office/pension in Part 4.1. Individuals Tax Returns for 2019/20 have been issued on 1 June 2020. If you need to complete a return for a previous year you can do this in myIR or download and print the form. You must file a Tax sparing disclosure return - IR486 if your company has claimed a foreign tax credit for a tax sparing arrangement under a double tax agreement. The process for accessing the ‘Non-Logged In Returns Service’ is as follows: Withholding Tax Summary and Payment. After the end of the tax year we work out if you've paid the right amount of tax. This is because without your furnishing the relevant details, the Assessor will issue an estimated assessment and demand for tax without granting your allowance entitlements and deductions in respect of contributions to Mandatory Provident Funds, approved charitable donations, expenses of self-education and home loan interest etc. A: This additional service, introduced by the Board of Inland Revenue (BIR), to assist taxpayers who have not yet registered for e-Tax with ttconnect to file their returns on the e-Tax homepage at https://etax.ird.gov.tt.. on or before 2 July 2020). Filing of return This is the place to start to get familiar with the e-Services for Filing of return. All other income is added up and tax is calculated at the current tax rates. E-Tax is a free service offered by the Inland Revenue Division that allows you to manage your taxes online. By accessing e-Tax at https://etax.ird.gov.tt in any standard web browser,taxpayers can register to view their accounts, file returns, and correspond with IRD. Quarterly Due Dates . If you are eligible to claim and have claimed for dependent parent and dependent grandparent allowance and deduction for Elderly Residential Care Expenses in respect of the same dependant at the same time, only deduction for Elderly Residential Care Expenses will be granted to you. Welcome to Inland Revenue's Secure Online Services. There are a few different ways to proceed with filing a tax refund. Ascertain the correct amount of income and expenses and report in Part 5 profits from all your sole-proprietorship businesses. Goods Tax Return and Tax Payment. The process overviews present the steps required to perform the different processes, manually or online. Q: What is the ‘Non-Logged In Returns Service’? You must elect personal assessment if you wish to claim deduction interest payments in respect of a property let for rental income. A "Guide to Tax Return - Individuals" explains how to complete the Tax Return-Individuals. Who needs to complete one? By accessing e-Tax at https://etax.ird.gov.tt in any standard web browser, taxpayers can register to view their accounts, file returns, and correspond with IRD. Election for joint assessment by inserting a "" in Part 4.4 (applicable only if both you and your spouse have salaries income. Legislation and Tax Laws; Double Taxation Treaties; e-TAX. The Department will not accept underpaid mail items. About e-Tax; e-Tax FAQs. For common questions and answers on completion of Tax Return - Individuals, please click here. e-Tax is safe, easy, and convenient. You should state the reason why the Tax Return could not be submitted in time. Login to myIR Inland Revenue homepage | Contact us. If you change your postal address, you are required to notify the IRD within 1 month. Please Use Mozilla Firefox! DO NOT complete this part if you and your spouse only have income chargeable to salaries tax. If you need further information on related tax rules, e.g what types of income are taxable, qualifying conditions for claiming deductions or allowances, please click here. Applicable for the year of assessment 2019/20 and after. Note: If you need a photocopy of your return, you must use Form 4506. For sole-proprietors of unincorporated businesses, the deadline for submission is extended to 1 September 2020. Consequences of NOT filing your tax return on time. The easiest way is in myIR, or you can call us. You should only call if it has been: 21 days or more since you e-filed "Where's My Refund" tells you to contact the IRS; Do not file a second tax return. Amount in Box 27 includes that of Boxes 28, 29 & 30. 20 th June. It’s easy to find your IRD number again. Credit is then allowed for any tax deducted by the payer of the income, eg, NRWT, PAYE, RWT on dividends, Māori authority credits, schedular payment credits and tax paid by trustees. Please note that you must complete Part 7 to make a valid election for personal assessment. eTAX Account holder may check whether there is any tax return that you have not yet filed in the Tax Position Section of your eTAX Account any time round the clock. Requests for extension beyond the extended due dates would be granted only in the most exceptional circumstances. 20 th September. If you receive a tax return every year in the past but have not received the Tax Return - Individuals for this year, please call 187 8022 to check whether a tax return for 2019/20 has been issued to you. BIR60 should be completed and signed by the individual taxpayer. Tax credits Claim a tax credit for donations on the Tax credit claim form - IR526. ), Tax Reporting for Profits Tax (Sole Proprietorship and Partnership). This Guide explains how to complete the Tax Return - Individuals. You should read the whole Guide carefully before completing the Tax Return. Taxpayers who have earned no income or of an amount below their allowance entitlements do not have to pay tax. How income gets taxed Income is taxed differently depending on where it comes from. Make sure we have your correct contact, bank account and income information. will be duly taken into account. Claim home loan interest deduction by completing Parts 8.1 and 8.3. Tax Return eue eprtmet lt www.ird.gov.mt Basis Year 2014 Year of Assessment 2015 This information booklet has been produced by the Inland Revenue Department to help you fill in your basis 2014 Income Tax Return in a complete and correct way. First Instalment of Provisional Tax. Overdue tax and return enquiries ird.govt.nz (search keyword: overdue) or 0800 377 771 Publications ird.govt.nz “Forms and guides” ... 2020 income tax return due for people and organisations who don’t • 31 March 2021 2020 income tax return due for clients of tax … > Completion and Filing of Tax Return - Individuals (BIR60), Tax Information - Individuals / Businesses, Replies to Questions on Estimates of Expenditure, Departmental Interpretation and Practice Notes, Statement of Policies and Practices in relation to Personal Data, Facsimile Transmission of Information, Form and Documents, Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Years of Assessment 2019/20, Tax Exemptions in respect of Relief Measures under the Anti-epidemic Fund, Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Year of Assessment 2018/19, Double Taxation Relief and Exchange of Information Arrangements, CEPA - Requisition for copies of tax documents, Charitable Donations and Tax-Exempt Charities, Obtaining Duplicate Tax Return for Individuals, Submission of Employer's Return in Computerized Format, Block Extension Scheme For Tax Representative, Special Arrangement in times of Tropical Cyclones and Rainstorms, Assistance to persons with disabilities in accessing IRD offices premises, Amendment or Supplement to Return already submitted through the Internet, Amendment or Supplement to Paper Return already submitted, How to complete BIR60 & Supplementary Forms, Specimen of BIR60 with some key points to note, Further Information on Completion of BIR60, Relief under Double Taxation Arrangement(s), Property Tax : What you need to know as a property owner, Salaries Tax : What you need to know as an employee, Profits Tax : What you need to know as a self-employed, Qualifying Premiums Paid under the Voluntary Health Insurance Scheme Policy, Qualifying Annuity Premiums and Tax Deductible MPF Voluntary Contributions, Further Information on completion of BIR60, Ascertain the correct amount of income and expenses and report. Taxpayers are required to complete and send the tax return back to the Inland Revenue Department (IRD) within 1 month from the date of issue of the return (i.e. on or before 2 July 2020). Do not claim deduction for the government rent and the rates concession amount. e-TAX FAQs. You may also use our return envelope to send back your tax return. If so, please also fill in Box 115 of Part 11. If you do not file your tax return on time, you may be required to pay a penalty, or even prosecuted. Nonetheless, should they receive a tax return from the IRD, they are still required to complete and send it back to the IRD in time. Such application will only be entertained in exceptional circumstances. If you file your Tax Return - Individuals on time, the information provided in your tax return will assist the Assessor to prepare your assessment correctly and your claims for deductions for tax allowances, approved charitable donations and home loan interest etc. see pages 7 to 10. The method you used to file your tax return, e-file or paper, and whether you had a balance due, affects your current year transcript availability. Your return is … Sales Tax Return and Tax Payment. If you have great difficulties in submitting the Tax Return within the prescribed time as mentioned above, you may apply for an extension of time to submit the Return in writing. Please pay sufficient postage to ensure your mail items can duly reach us. Suspension of Service for Filing of Tax Return - Individuals through eTAX (Press Release - January 29, 2021) Inland Revenue (Amendment) (Tax Concessions for … You need to complete item (6) of Part 11.2 only if you claim dependent brother or dependent sister allowance. Filing a copy of the BIR60 which was downloaded from the Internet is also NOT acceptable. See page 39 in the guide. For sole-proprietors of unincorporated businesses, the deadline for submission is extended to 1 September 2020. If you receive chargeable income or incur deductible expenses in foreign currencies, you are required to report an equivalent amount of the income or expense in Hong Kong dollars in your tax return. Other ways to do this. If the reasons or exceptional circumstances are the same for employees of a particular company, the requests for further extension could be made by way of a list. Please Use Mozilla Firefox! Filing your tax return on time, be a compliant taxpayer. Exclude '$', ',' or cents when filling in amounts in boxes provided. An individual tax return tells us: your total income from all sources any tax you've already paid how much you want to claim in expenses if you are due a refund or have tax to pay. Please Use Mozilla Firefox! Alternatively, the specimen is also available through the 24-hour Fax-A-Form Service (2598 6001). Third Instalment of Provisional Tax. Spouse nomination is applicable only if spouse has no chargeable income. PAYE Summary and Payment. However, no assessment notices will be issued to those who are assessed as not liable to tax. Tax Exemptions in respect of Relief Measures under the Anti-epidemic Fund Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Year of Assessment 2018/19 Individuals e-Tax - Non-logged in Returns FAQs; e-Tax Guides; e-Payments - Generate Payment Description Slip; e-Payments - Payments $100,000 & Over ; FAQs. Please note that Box 27 must be completed. Some key points, with examples, have been highlighted for your attention. Deduction for Elderly Residential Care Expenses, Related Tax Rules : Allowances and Elderly Residential Care Expenses. e-Tax is the online portal provided by the Inland Revenue Division (IRD) for taxpayers to manage their tax accounts online. If your claim includes interest payments involving re-mortgaged loan, you must complete Section 9 of the Appendix to BIR60. Most of your questions will be answered here. e-Tax is safe, secure, easy, convenient, and free. Under the Block Extension Scheme, an extension of time for submission of Tax Return is granted to those individual taxpayers who have appointed a tax representative. An extension of 1 month will be given automatically if the return is filed electronically. BIR60 is issued to an individual taxpayer for him/her to report his/her salaries, rental income from solely owned properties and profits from sole-proprietorship businesses, and to elect personal assessment. If you file paper tax return, you must submit the original tax return issued by us. If the current date is coming to the end of the tax year (31-March), you will have a notification under “Account alerts” with a link to file for an IR3 (a New Zealand tax return form) soon after the end of the tax year. Income tax - contact us Contact us about income tax for individual and business enquiries. The law requires both the employer and the employee to separately report income to the IRD. If you wish to compute your tax liabilities after completion and filing of your tax return, the following may help you : In general, most taxpayers will receive their tax bills starting from the third quarter each year. 15 th. Electronic Filing Extension of Corporate Income Tax Returns for 2021 Update of Guidelines in relation to the Consolidated Group (Income Tax) Rules Capital allowances in respect of Car Parks Compliance Monitoring Notification The Commissioner for Revenue notifies that the next due date is 15th February 2021 for submission of VAT Tax Returns together with any payments Kia ora haere mai, welcome to the New Zealand Inland Revenue website. Therefore, it is not an acceptable excuse that you do not file your tax return on time because your employer has already reported your income to the IRD. Should you wish to use this Tax Calculator, please, For tax rates applicable to Profits Tax, Property Tax, Salaries Tax and Personal Assessment, please. Tax Exemptions in respect of Relief Measures under the Anti-epidemic Fund Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Year of Assessment 2018/19 Individuals 20 th March. Personal Access to e-Tax Claim deduction for interest payments to produce rental income from properties by completing Parts 8.1 and 8.2. Self Assessment tax returns - deadlines, who must send a tax return, penalties, corrections, paying your tax bill and returns for someone who has died A further possible consequence is that you may be required to pay more tax. If you used our online form or a paper form you may need to file some additional returns. Please Use Mozilla Firefox! Tax Return - Individuals should be filed: within 1 month from the date of issue of the Tax Return if the taxpayer did not solely own any unincorporated business during the year of assessment; or, within 3 months from the date of issue of the Tax Return if the taxpayer solely owned any unincorporated business during the year of assessment; or. We also administer a number of social support programmes including Child Support, Working For Families Tax … e-Tax is the online portal provided by the Inland Revenue Division (IRD) for taxpayers to manage their tax accounts online. Pamphlet : A Brief Guide to Personal Assessment, Related Tax Rules : Interest Payments to Produce Rental Income from Properties. 30 th. Please Use Mozilla Firefox! Please click here for information of requesting for a duplicate Tax Return. Tax codes and tax rates for individuals How tax rates and tax codes work. Tax Information - Individuals / Businesses, Replies to Questions on Estimates of Expenditure, Departmental Interpretation and Practice Notes, Statement of Policies and Practices in relation to Personal Data, Facsimile Transmission of Information, Form and Documents, Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Years of Assessment 2019/20, Tax Exemptions in respect of Relief Measures under the Anti-epidemic Fund, Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Year of Assessment 2018/19, Double Taxation Relief and Exchange of Information Arrangements, CEPA - Requisition for copies of tax documents, Charitable Donations and Tax-Exempt Charities, Obtaining Duplicate Tax Return for Individuals, Submission of Employer's Return in Computerized Format, Block Extension Scheme For Tax Representative, Special Arrangement in times of Tropical Cyclones and Rainstorms, Assistance to persons with disabilities in accessing IRD offices premises, the Tax Position Section of your eTAX Account. You can also complete your IR4 using our online form, or on paper. Fill in HK identity card number, date of birth and relationship, as appropriate, of your spouse / dependant(s) to update your marital status / support your claim. To submit tax return, please send to us by post to GPO Box 132, Hong Kong or submit in person during office hours to our office (Revenue Tower, 5 Gloucester Road, Wanchai). Don't send in donation receipts with this IR3 return.