Quote Originally Posted by rayonline View Post
Ok. Thanks for that. Makes sense.

So it's 31 March of the previous year and the current 31 March?

I don't but let's say if I have less than $50k and I get dividends, this dividend still goes in the overseas section?
Yes on the March dates. For 2018 tax return the fif is calculated using the 31/3/17 value and 31/3/18 value.

There is a good write up on it on the IRD site.



Yes. If if less than $50,000 you just declare the dividends in NZ$ in the overseas income and claim any tax paid on those dividends as tax paid overseas.