We will send your withholding tax directly to the Australian Taxation Office on your behalf after the end of the financial year. You do not need to make this payment yourself.

We will send your withholding tax directly to the Australian Taxation Office on your behalf after the end of the financial year. You do not need to make this payment yourself.

In New Zealand, you are required to report your Blossom Fund investment to the IRD and may be able to claim a foreign tax credit for the tax already paid to the Australian Taxation Office, which helps avoid double taxation.

For more information about applying for a foreign tax credit, see [here](https://www.taxtechnical.ird.govt.nz/fact-sheets/is-1605-fact-sheet-income-tax-foreign-tax-credits-how-to-claim-a-foreign-tax-credit-where-the-foreig). 

This is not tax advice. We recommend you seek your own advice from a tax professional.

Do I pay tax to the Australian Taxation Office or IRD?

Can I have help preparing my Capital Gains Tax Statement?

How do I apply for a Foreign Tax Credit?

How much Withholding Tax will I have to pay?

How will Withholding Tax be deducted?

What are the tax implications?

What if I have closed my Blossom account but still need access to my statements?

What is a Foreign Tax Credit?

What is Withholding Tax?

What type of information will I get to assist me in completing my tax return?

Taxes

Blossom App

Answers are general in nature only and do not take into account your personal objectives, financial situation or needs. Refer to the [PDSs](https://www.blossomapp.com/documents), [TMDs](https://www.blossomapp.com/documents) and [FAQs](https://www.blossomapp.com/documents) for further information.

Do I pay tax to the Australian Taxation Office or IRD?

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Do I pay tax to the Australian Taxation Office or IRD?

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