What is IRD, why do I need an IRD number? Why is it required?
IRD stands for “Inland Revenue Department”. An IRD Number is a unique tax number given to you by the Inland Revenue Department of New Zealand so that you can pay the correct work taxes as you work in New Zealand. Without an IRD Number, 46.7% of your wage will automatically be taxed, which is a “no-declaration rate”. So to keep the tax percentage of your wage as low as possible, this is why it is so important to get an IRD Number if you are working in New Zealand.
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