Income Tax Act 2007 section 975

Statements about deduction of income tax

Section 975 requires a person who deducts income tax at source from a payment to provide the recipient, on written request, with a written statement showing the gross amount, the tax deducted, and the net amount paid.

• When a person makes a payment from which income tax must be deducted at source, and is not already required to provide a statement under a separate obligation, the recipient can request a written breakdown of the payment
• The statement must show three figures: the gross amount of the payment before any deduction, the amount of income tax deducted, and the actual net amount paid to the recipient
• The statement must be provided in writing, although electronic statements are permitted under separate regulations
• The recipient has the right to enforce compliance with the request — the payer cannot simply ignore it