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IS 24/06
Issued
30 Jul 2024

PAYE – How an employer funds the tax cost on an employee share scheme benefit

This interpretation statement explains an employer’s withholding and reporting obligations related to PAYE, student loans and KiwiSaver if an employer wants to fund the cost of tax (and student loan, if applicable) on an employee share scheme benefit provided in shares.

Tax Information Bulletin - Vol 36 No 8, September 2024