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Tax Administration Act 1994

Third-party providers - PAYE intermediaries

124I: Application for approval as PAYE intermediary

You could also call this:

"Apply to help others with their PAYE tax payments"

Illustration for Tax Administration Act 1994

To become a PAYE intermediary, you must meet the requirements of section 124K and have a trust account that meets the requirements of section RP 6 of the Income Tax Act 2007. You also need to operate systems to protect personal information and payment details. The Commissioner may approve your application if you will comply with the PAYE rules and have systems to make payments and provide information as required. The Commissioner may approve you as a PAYE intermediary for a set period.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2459371.

Topics:
Money and consumer rights > TaxesBusiness > Industry rules
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124H: PAYE intermediaries, or

"Helping with PAYE payments for others"

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124J: Revocation of approval, or

"When the Commissioner cancels approval to help with tax payments"

Part 7BThird-party providers
PAYE intermediaries

124IApplication for approval as PAYE intermediary

  1. In order to become a PAYE intermediary, a person must—

  2. meet the requirements of section 124K; and
    1. have established a trust account that meets the requirements of section RP 6 of the Income Tax Act 2007; and
      1. operate systems to protect the personal information and payment details that are obtained in the course of running the account.

        1. The Commissioner may approve an application if the Commissioner is satisfied that the applicant—

        2. will comply with the PAYE rules and the ESCT rules if they assume an employer’s obligations under those rules; and
          1. has systems to allow them to make payments and provide information in the format required by the Commissioner.

            1. The Commissioner may approve a person as a PAYE intermediary for a set period.

            Compare
            Notes
            • Section 124I: inserted, as section 15D (with effect on 1 April 2008), on (applying for tax on income derived in 2008–09 or later income years), by section 598(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
            • Section 124I: renumbered, on , by section 9(2) of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).
            • Section 124I(1)(a): amended, on , by section 113 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).