Overhaul for Online Tax Returns

August 31, 2009 New Zealand Taxation  No comments

The Inland Revenue Department has upgraded their online systems, allowing for online tax summaries confirmation and quicker tax refunds.

The Inland Revenue Department (IRD) has completed an overhaul on their available online services, expanding the range of services provided and decreasing tax refund wait time.

The IRD has previously mandated that any tax refunds due that were valued at over NZ$200 would require confirmation over the phone. This task can now be completed online, along with assigning bank accounts for the refunds. According to the IRD, the 2008 business year saw over one million letters sent out for personal tax refunds. Their online innovation is aimed directly at reducing redundancy within this cycle.

Commenting on the change, Charles Ronaldson, Inland Revenue Group Manager Assistance said “The enhancements to Inland Revenue’s online services mean customers can handle their tax affairs in their own time and makes claiming a tax refund even easier.”