Organise foreign dividends when FIF does not apply
Use this helper when you are under the relevant FIF threshold, or otherwise dealing with dividends that need ordinary overseas-income records rather than a FIF method worksheet.
You finish with tidy dividend, withholding tax, exchange rate, and IR1261 worksheet records.
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Add dividend rows
Enter payment dates, countries or jurisdictions, currencies, gross dividends, and foreign tax withheld.
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Apply exchange rates
Use broker rates or fetch indicative rates so the worksheet keeps source amounts and NZD amounts together.
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Check the credit summary
Review country-level withholding and estimated foreign tax credit caps before exporting your records.
Does this apply to me?
For New Zealand tax residents under the relevant FIF cost threshold who need to organise overseas dividends, withholding tax, exchange rates, and IR1261 worksheet records. The worksheet currently supports 2025-26, where current guidance uses the NZ$50,000 threshold.
Did your transitional residency end during this income year? Only include dividends from the day after transitional residency ended onward. Dividends received before that point should not be mixed into this worksheet without advice. Read the guide for the year your exemption ends.
Overseas dividend records
Foreign Dividend Helper
For New Zealand tax residents under the relevant FIF cost threshold who need to organise overseas dividends, withholding tax, exchange rates, and IR1261 worksheet records. The worksheet currently supports 2025-26, where current guidance uses the NZ$50,000 threshold.
This income year is supported.
Dividend rows
Saved in this browser only.
Foreign tax credit estimate by rate
Compare the saved dividends across the individual tax rates and the NZ company tax rate. This is a worksheet view, not a full tax return calculation.
| Tax rate | Estimated NZ tax at this rate | Foreign tax credit estimate | Estimated difference | Foreign tax above estimate |
|---|---|---|---|---|
| 10.5% | $0.00 | $0.00 | $0.00 | $0.00 |
| 17.5% | $0.00 | $0.00 | $0.00 | $0.00 |
| 28% company | $0.00 | $0.00 | $0.00 | $0.00 |
| 30% | $0.00 | $0.00 | $0.00 | $0.00 |
| 33% | $0.00 | $0.00 | $0.00 | $0.00 |
| 39% | $0.00 | $0.00 | $0.00 | $0.00 |
IR1261 worksheet output
Figures by country or jurisdiction using the selected tax rate row.
| Country or jurisdiction | Gross NZD | Foreign tax paid NZD | NZ tax estimate | Foreign tax credit estimate | Excess foreign tax |
|---|