Tax and what to expect webinar recording

A simple, practical guide to help you feel prepared this tax season

Tax time, for your InvestNow portfolio(s), can feel a bit confusing – we get it. So, to help make things easier, we hosted a friendly, practical webinar with Tom Ayling, our Head of Customer Services, to walk you through what to expect this tax season.

Download presentation slides here.

Disclaimer: This webinar is for general educational purposes only and does not constitute personalised financial, investment, or tax advice. InvestNow does not provide tax advice tailored to your individual circumstances. If you are after more specific guidance on your individual circumstances, we recommend consulting with a qualified tax professional or accountant to understand how tax laws apply to your specific situation

Watch the recording

2026 Tax Guide

This guide gives InvestNow customers a simple overview of how the NZ tax rules apply to their InvestNow portfolios, and how to use their Tax Summary Reports when completing an IR3. It’s a guide designed for NZ‑based individual or joint investors, however we recommend getting professional tax advice for your personal situation.

Date

What’s Happening
31 March 2026 PIE tax estimate email received
13 April 2026 Final PIE tax email received
13 – 15 April 2026 Deposit funds for PIE tax
16 April 2026 Units sold to cover PIE tax
19 May 2026 Annual tax reports available
1 June 2026 Annual Member Statements available (KiwiSaver only)

Frequently Asked Questions

Once your PIE tax information is provided to the IRD, they will calculate whether the right PIR has been used and the right amount of tax has been deducted. If the wrong PIR has been applied, the IRD will calculate the difference and add or subtract this from your total tax for the year. The IRD will contact you directly if you are receiving a tax rebate or have tax to pay as part of your total tax return, which is usually in June.

As we reserve funds for PIE tax, this can mean that your Regular Investment Plan may fail to run. You will receive an email confirming that your plan has not run, and we will contact customers in the last week of April where plans may have been stopped due to a PIE tax payment. The simplest way to resolve this is to ensure you have sufficient funds in your Transaction Account to cover any tax obligation we have notified you of, plus the value of any instances your plan is due to run during April (in May you can then always withdraw or invest any excess monies in your Transaction Account).

PIE tax refunds are a possibility. We will email you in April confirming that you have received one for the 2026 financial year and the rebate will be paid to your InvestNow Transaction Account​.

For joint accounts, we calculate and pay PIE tax based on the IRD number held at the account level. Where we have an IRD number for each member on the joint account, the IRD will automatically split the PIE income equally (50/50) between each member. If you wish, you can manually adjust this split in MyIR​.