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IRD NEWS

May 5, 2015

eDocuments are here…

IRD have started making their statements and notices available electronically in your myIR Secure Online Services account. IRD call them eDocuments.

You don't need to subscribe to the eDocuments service. IRD will email you when a new eDocument is available in your myIR account. As long as you have:

* an activated myIR account, and

* a current email and postal address in myIR

eDocuments means:

* All your Inland Revenue eDocuments are in one place

* You can view, print or save eDocuments where it suits you

* No more paper in the mail

* They're accessible anywhere, anytime you have internet access

Changes to the KiwiSaver First Home deposit subsidy & withdrawals

Effective 1 April 2015, Government has changed the rules around KiwiSaver HomeStart grants and KiwiSaver first home withdrawals.

The key changes are:

* The KiwiSaver first home deposit subsidy has been renamed the KiwiSaver HomeStart grant.

* KiwiSaver members, if they meet the criteria, will be able to withdraw their member tax credits (MTC) to help towards the purchase of their home.

* The introduction of a second HomeStart grant for people wanting to build their own home or purchase land to build their homes on.

* The house price cap has been increased in certain areas.

For more information see:

Saving for your first home

Housing New Zealand


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