Originally Posted by
Snoopy
If excess imputation is 'never refunded as cash', why did the IRD change the IR3 form in FY2020 to collect PIE income information to allow just such refunds to happen?
Yes you could go to a tax accountant and find out if you can get a cash refund on overpaid PIE tax by going through the process in question s 36 and 37 in the IR3 form. This will cost you $xxx. Or you could submit the tax form as I have suggested, using the calculation sheets supplied in the IR3G guide relating to Q36 and Q37 and it will cost you $0. If I am wrong (and it is a binary choice, you either get your refund or you won't) the tax department will correct your IR3 form for $0. So it is really a case of how much money you want to spend to know the answer.
SNOOPY