What to do about the 31 March deadline

Overseas based borrowers are required, by the IRD, to pay their compulsory  payment by  31 March. The amount payable is up to $5,000. Overdue arrears are in addition.

If you do not know how much you need to pay, you can get this information by various means, including:

• Ask us to obtain this for you. You will need your IRD number and there will be a form to complete but this option allows you to obtain the details of your debt, and information about your options, without having direct contact with the IRD. Please email us to start this process and please note that a fee applies.
• Register for MyIR (www.ird.govt.nz) and obtain the details online.
• Contact the IRD's overseas based borrower unit: 
  • Phone 1 800 559 653 (Toll free from Australia).
  • Phone 0808 2340 098 (Toll free from UK).
  • Phone 0800 600 012 (from New Zealand).
  • Email: obbteam@ird.govt.nz 

We know that finding out the facts about your debt may be shocking and stressful, but the best thing to do is to start the process. If you don't do that now you face the risk that your future options will be more limited as the debt increases and if the New Zealand government removes the bankruptcy option.