Skip to main content

Te whiwhi i ngā whiwhinga tāke kaiwhiwhi motuhake (IETC) mēnā he utu ā-tau, utu ā-wiki rānei tāu Getting the independent earner tax credit (IETC) if you earn salary or wages

Back

You can get the independent earner tax credit (IETC) each payday by a reduction in the amount of pay as you earn (PAYE) tax you pay by following the steps below. Or you can choose to receive the IETC at the end of the tax year.

If you earn between $24,000 and $48,000

Fill in the Tax code declaration - IR330. Choose tax code ME or ME SL.

Give the IR330 to your employer before your next payday.  

If you earn less than $24,000 in your main job but your total income is between $24,000 and $48,000

You have two options.

Option 1

Fill in the Tax code declaration IR330. Choose tax code ME or ME SL.

Give the IR330 to your employer before your next payday.

At the end of the tax year we will send you an income tax assessment. If you did not receive the right amount of IETC you might get a refund or have tax to pay.

Option 2

Apply for a tailored tax code during the tax year. At the end of the tax year we'll send you an income tax assessment. This will show if you received the right amount of IETC. If not, you might get a refund or have tax to pay.

If you start a new job

Fill out a Tax code declaration IR330 every time you start a new job.

If you’re still eligible for the IETC choose tax code ME or ME SL. Give the IR330 to your employer before your next payday.

If your new salary means you’re no longer eligible for the IETC, choose tax code M or M SL.

The IETC is worked out on whole months. Starting a new job might mean you get too little or too much IETC. You can apply for a tailored tax code to help make sure you get the right amount of IETC.