I have a Flexitax (Tax Purchase) arrangement with TMNZ. When do imputation credits arise in my imputation credit account?

I have a Flexitax (Tax Purchase) arrangement with TMNZ. When do imputation credits arise in my imputation credit account?

I have a Flexitax (Tax Purchase) arrangement with TMNZ. When do imputation credits arise in my imputation credit account? 150 150 Support

Where income tax is purchased from TMNZ, imputation credits will arise on the provisional tax date on which the tax was purchased – but can only be included in the respective imputation credit account when TMNZ transfers the tax from its tax pool account to the taxpayer’s IRD account (section OB 6 and RP 19 of the Income Tax Act 2007).

Click here for an example.

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