Contents
Chapter 1 - Overview
Chapter 2 – Framework and opportunity for change
- Framework for taxing individuals' income
- Implication for income tax returns
- Other approaches used to reduce end-of-year filing obligations
- Background - Green Paper and feedback
- The opportunity for change
Chapter 3 – During the tax year
- Information about individuals is provided to Inland Revenue by others
- Some individuals provide information about themselves to Inland Revenue during the year
- What Inland Revenue does with the information it receives
- How Inland Revenue will help to ensure individuals get their tax and social policy payments right
Chapter 4 – At the end of the tax year
- Current rules
- Two options for end-of-year filing obligations
- The improved status quo
- The alternative approach
- How the "alternative approach" would be different to the "improved status quo"
- What will Inland Revenue do under the alternative approach
- The specific thresholds
Chapter 5 – At the end of the tax year – other information
- Interacting with Inland Revenue
- Digital interaction
- Using myIR
- Due dates for information
- Results of interaction
- Donations tax credits
- Direct crediting refunds
- Collecting tax to pay