[IRD] PAYE RECORDS

You must keep records of all your PAYE deductions, which include:

  • wagebook information
  • copies of PAYE payment information
  • tax code declaration (IR330) forms completed by employees
  • tax rate notification for contractors (IR330C) forms completed by contractors
  • letters from us requesting you change your employee’s tax code
  • letters from us requesting you change a contractor’s tax rate
  • a copy of any written agreements to treat a payment to a contractor as a voluntary schedular payment that you make a deduction from
  • copies of certificate of exemptions
  • copies of tailored tax codes
  • copies of tailored tax rate certificates.

Reference: https://www.ird.govt.nz/employing-staff/deductions-from-income/paye-records

Penny Varley

Payroll Administrator