Modernising individual’s income tax

Inland Revenue is proposing to get more involved with taxing individuals in the following ways:

  • Helping them to use the most appropriate tax rates and codes

  • Tailored tax codes to improve the way secondary and irregular income is taxed

  • Year-end tax obligations for individuals will be simplified

  • Tax refunds will become automatic

  • The administration of donation tax credits will be improved

  • All your income like interest, dividends and salaries will automatically appear in your tax return.