By Editorial Staff
Studying in New Zealand or setting up a business here? An In Inland Revenue Department number becomes critical to all your needs.
It’s a simple procedure though, if you are a student or a visa holder and even simpler if you are a resident.
Open a bank account > Make a few transactions – at least 3-5 withdrawals or deposits ->
get a statement -> submit along with your ID proof.
Here is what the NZ govt website says:
You need an IRD number if you:
- Earn any money (for example, from a job, benefit or pension)
- Apply for:
- Working for Families Tax Credits
- a student loan
- child support
- You may also need an IRD number if you’re buying, selling or transferring New Zealand property.
- If you are a visa holder, you also need your Immigration NZ application number (from your visa letter).
- If you have a student or work visa, you also need your most recent overseas tax number (if you have one) and proof of a NZ bank account.
For Kiwis or Aussies, the process becomes easier:
Just submit one of these:
- NZ or Australian passport (photocopy the picture page)
- NZ citizenship certificate
- Overseas passport with NZ immigration visa or permit (photocopy the picture/signature page and any NZ work or residency permits)
And one of these:
- NZ drivers licence.
- NZ 18+ card.
- NZ student photo ID.
- An offer of employment letter or a letter confirming you’re registered as a student in NZ.
Thinking of starting up? An IRD number becomes the first document you may need to get to open a business