What is an IR3 Tax Return?
An IR3 is an Individual Tax Return that some tax payers are legally required to file. If you are currently self-employed, a shareholder or have rental income then you are one of them. The Inland Revenue Department (IRD) is very clear with the rules: if you earn an income other than salary, wages, interest, dividends and/or taxable Māori authority distribution, then you must file an IR3 return. These incomes may be from a rental property or a business you own.