about 1 hour ago

Tax assessments have started to go out in recent weeks, with 1.4 million sent in the first batch.

Tax refunds - and bills - are rolling out, but there is a warning that people should make sure the information used in the calculations is correct.

Inland Revenue now runs an automatic assessment process for people who are earning salary and wage income via the PAYE system. It also covers income that comes from benefits and taxable pensions, interest and income from KiwiSaver and other portfolio investment entity funds.

Assessments have started to go out in recent weeks. Inland Revenue said 1.4 million were sent in the first batch.