10 Effortless Steps to Apply for a Tax Refund Online

It is high time again for the dreaded tax monster. After being assessed, you ask yourself, do I really owe this much tax? Luckily, the campaign by the Inland Revenue Department (IRD) streamlined an easier way to claim tax refunds (being number 11 in the “Paying Taxes 2017” ease of paying taxes report certainly has its perks).

Getting a representative to do it for you might be quite expensive. To save more money, these are the things you need to know to properly claim your tax refund.

Who are eligible?

First, you need to know if you are eligible for refund. Usually the cases where you get tax refund are the following:

  • If you worked for only part of the year (including recent retirees)
  • If you received a lump sum payment (such as a bonus or redundancy)
  • If you had more than one employer during the year
  • If you have additional expenses to claim
  • If you were entitled to the independent earner tax credit but didn’t claim all of it during the tax year.

Step 1: To check, login to your My IR Account.

Step 1

Step 2: Choose the tax year you are inquiring for.

Choose the tax year you are inquiring for

Step 3: Input in the calculator the required information.

Input in the calculator the required information

Step 4: Answer this questionnaire. The information you provide in this window will not be sent to IRD.

Answer this questionnaire

Afterward, you will be assessed if you are entitled to a tax refund. If the amount shows a total tax payment than a tax refund, STOP. IRD does not need to use this amount as a reassessment of payments.

It is important to note that if you continue whilst knowing that there is additional tax payment, you are required to pay the amount due computed. For the purpose of this article, please don’t. You have been warned.

Step 5: Request for a Personal Tax Summary.

Request for a Personal Tax Summary

Step 6: Review your request and press “Send to Inland Request”.

Review your request and press "Send to Inland Request"

Step 7: Go to “My Income tab” and complete the “continue completing your PTS”

Go to "My Income tab" and complete the "continue completing your PTS"

Step 8: Look for the draft request and complete your PTS details.

Look for the draft request and complete your PTS details

Step 9: Go to the “Calculate tax and review summary” tab to check the run-through of the transaction.

Go to the "Calculate tax and review summary" tab to check the run-through of the transaction.

Also, if you haven’t yet, you can update your bank details in this tab for a faster and more convenient way of receiving the money.

Step 10: Confirm the summary and click “submit to Inland Revenue”

Confirm the summary and click "submit to Inland Revenue"

With that, you will receive your refund within 5 working days (if you have updated your bank accounts). I know. It’s just this easy. You’re welcome.