PIE Tax Changes for Investments

There are changes to the PIE Tax annual assessment process.

Inland Revenue has announced that from the 2021 tax year, investors will need to include PIE income/loss in all end of year individual tax resident automatic income tax assessments or income tax returns (IR3 tax returns).

All resident individuals will receive a PIR calculation on their annual income tax return and may claim a credit for overpaid tax on PIE income.

Read more on IRD’s end of year pie calculation