Plain language law

New Zealand law explained for everyone

Tax Administration Act 1994

Information, record-keeping, and returns - Tax codes and tax rates for certain payments - PAYE tax codes

24H: Exempt schedular payments

You could also call this:

"Some payments are exempt from tax withholding"

Illustration for Tax Administration Act 1994

The Commissioner can tell you that some schedular payments you get do not need tax withheld. You can find more information about this in schedule 5, part C, clause 6. This rule does not apply to certain payments, such as those made to non-resident entertainers or certain payments described in schedule 4 of the Income Tax Act 2007 to New Zealand residents.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1252607.

Topics:
Money and consumer rights > Taxes
Previous

24G: Special tax rates for schedular payments, or

"Asking for a special tax rate on some payments"

Next

24I: Notification requirements, or

"Telling others about your tax details"

Part 3Information, record-keeping, and returns
Tax codes and tax rates for certain payments: PAYE tax codes

24HExempt schedular payments

  1. The Commissioner may notify a payee under schedule 5, part C, clause 6 that 1 or more schedular payments that they are entitled to receive are payments for which no amount of tax is to be withheld.

  2. This section does not apply to—

  3. a payment made to a non-resident entertainer:
    1. a payment described in schedule 4, part J of the Income Tax Act 2007 that is made to a payee who is a New Zealand resident.

      Notes
      • Section 24H: replaced, on , by section 279 of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).
      • Section 24H(1) heading: inserted, on , by section 18 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
      • Section 24H(2) heading: inserted, on , by section 18 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).