InvestNow Tax Guide
This guide is intended to provide general information on aspects of New Zealand’s tax legislation which are relevant to investors using the InvestNow platform. The guide also explains how to use your InvestNow Tax Summary Report, which collates information about income received in your InvestNow account and makes it easier to prepare your income tax return (IR3), if required.
For simplicity, the guide has been prepared in relation to individual or joint investors who are New Zealand tax residents. We recommend that non-resident, trust, company or other investors seek independent tax advice.
Please note that individual circumstances may differ and your tax situation may change if you have investments held outside of InvestNow’s custody. InvestNow does not provide tax advice, and we recommend that you seek appropriate tax advice to ensure that you meet your tax obligations.
For more information about completing an individual tax return, please refer to Inland Revenue’s Individual income tax return guide (IR3G).
For more information about FIF tax, please refer to Inland Revenue’s A guide to foreign investment funds and the fair dividend rate (IR461).