Individual income tax return guide 2011 - Inland Revenue Department

www.ird.govt.nz
7
Do you need to file an
IR 3 return?
If we’ve sent you an IR 3 return pack, you must complete the return
and send it to us by 7 July 2011, unless you have an extension of
time. If you don’t need to file a return but you’d like to talk to
someone about your tax situation, you can call us.
If you received any other income apart from salary, wages, interest,
dividends (see further information below), and/or taxable Māori authority
distributions, you must file an IR 3 return. There are some exceptions. If
you received personal service rehabilitation payments and are an ACC
client or caregiver (who received payments from the client or ACC), please
read page 61.
Note
If you had a workplace injury your employer may manage these
payments instead of ACC. If you or your caregiver receives these
payments, regardless of who makes them, you’ll need to read the
information on page 61.
Other income includes:
self-employed income
over $200 of schedular payments
income derived overseas
over $200 in total of:
––
interest derived overseas (if it’s had tax deducted or not)
––
dividends of certain Australian resident listed companies and
other overseas investments that are not treated as part of foreign
investment funds (FIF) income—see page 25
––
income attributed to you from your portfolio investment entity
(PIE) where the income had the 0% rate applied or where you
had tax calculated by your PIE at a rate lower than your correct
prescribed investor rate (PIR) during the year. If you receive
dividends from a PIE that is a listed company and doesn’t use
your PIR, you may choose whether to include the dividends in
your return or when considering the $200 exemption
FIF income
rental income
estate, trust or partnership income