Taxes are an inevitable part of life for any savvy investor. Sorting your tax is your responsibility, but it’s our job to give you information about your Hatch investments and help make tax time simple:.
What you need to do:
I earned less than $200 NZD dividends
You probably won’t need to pay any tax or file an individual tax return for your Hatch investments at all.
I earned more than $200 NZD in untaxed income
You probably will need to pay tax on your dividends and file an individual tax return for your Hatch investments, but Hatch will provide you with the 2 numbers you need in mid-May.
I had more than $50,000 NZD invested overseas - FIF and trusts
You will need to pay tax on your Foreign Investment Funds (FIF) income and file an individual tax return. Hatch will provide you with the info you need in mid-May.
Common tax questions
More from the IRD
Help from Hatch partners
If you use Hnry, you can also get FIF reporting as part of their tax services