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Income Tax Act 2007

General collection rules - Intermediaries - PAYE intermediaries’ responsibilities

RP 17: Tax pooling intermediaries

You could also call this:

“Using a third party to manage tax payments through a pooled account”

You can ask someone who manages a tax pooling account to act as a go-between for you and the Commissioner of Inland Revenue. This person is called a tax pooling intermediary. They can use money from the tax pooling account to pay an amount you owe, which is described in section RP 17B(2).

If you’re a company that’s part of a group of companies, this rule applies to all the companies in your group. This is true when money is put into a tax pooling account under section RP 18, and when that money is used or moved around under section RP 17B or section RP 19.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1520536.

Topics:
Money and consumer rights > Taxes
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RP 16: Obligations for employer’s superannuation contributions, or

“PAYE intermediaries manage superannuation contribution tax duties for employers”

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RP 17B: Tax pooling accounts and their use, or

“How you can use money held in tax pooling accounts to pay different types of tax”

Part R General collection rules
Intermediaries: PAYE intermediaries’ responsibilities

RP 17Tax pooling intermediaries

  1. A person (person A) may ask a person who maintains a tax pooling account to act as a tax pooling intermediary between person A and the Commissioner in using funds in the tax pooling account to satisfy a liability of person A to pay an amount referred to in section RP 17B(2).

  2. For the purposes of this section, if person A is a company in a group of companies, person A also includes the other companies that are in the group at the time—

  3. an amount is deposited in a tax pooling account under section RP 18; and
    1. as applicable,—
      1. is used or transferred under section RP 17B:
        1. is transferred under section RP 19.

        Compare
        Notes
        • Section RP 17: amended (with effect on 1 April 2009), on , by section 550 of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
        • Section RP 17(1) heading: inserted, on , by section 125(1) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).
        • Section RP 17(1): replaced (with effect on 1 April 2019), on , by section 168(1) (and see section 168(2) for application) of the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022 (2022 No 10).
        • Section RP 17(2) heading: added, on , by section 125(2) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).
        • Section RP 17(2): added, on , by section 125(2) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).
        • Section RP 17 list of defined terms amount: inserted, on , by section 125(3) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).
        • Section RP 17 list of defined terms ask: inserted, on , by section 74 of the Taxation (Transformation: First Phase Simplification and Other Measures) Act 2016 (2016 No 27).
        • Section RP 17 list of defined terms company: inserted, on , by section 125(3) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).
        • Section RP 17 list of defined terms group of companies: inserted, on , by section 125(3) of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).