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We're making changes to how investment income is reported - here's what you need to know

Investment income refers to interest, dividends, portfolio investment entity (PIE) income, taxable Māori authority distributions and royalties.

If you receive investment income, you may have resident or non-resident withholding tax deducted from it by your payer (bank or fund manager) before it's paid to you. If your business or organisation is a payer of investment income, you must send us information about who you pay. This helps us make sure people are paying the right amount of tax and receiving the correct entitlements.

Legislation passed in March 2018 included changes to how and when investment income is reported.

Most of the changes come into effect on 1 April 2020, but some already apply. If you pay or receive investment income, these changes may affect you.

Read a summary of the upcoming changes and timelines.

Legislation changes

Taxation (Annual Rates for 2017-18, Employment and Investment Income, and Remedial Matters) Act 2018

Tax Information Bulletin Volume 30 No. 5, June 2018

General enquiries

Information for payers of investment income

Learn about the changes to reporting requirements before and after 1 April 2020

Find out more

Information for recipients of investment income

Learn more about tax on investment income you receive

Find out more

Exemption from resident withholding tax (RWT)

Learn about applying for RWT exempt status and accessing the RWT exemption register

Find out more