Welcome | Third Party Information Providers

Third Parties providing Information to the IRD

The electronic filing aspect of the new tax administration system will eliminate the necessity for taxpayers to attach paper documents to their individual income tax returns in order to support entries for employment and tax deductions, claims for tax credits, allowable deductions, allowances and/or additional income. In this respect many institutions and organizations that have this kind of information will be providing it to the IRD. These third parties will include:

Insurance and mortgage companies,
Independant accountants and audit firms,
Credit Unions, banks and other financial institutions,
Pension plan providers,
Securities Stock Exchange,
Co-operative societies,
Registered Trade Unions,
Government departments,
and more.

Third parties will be providig information

Third parties will contribute with information

Consequently, the receipt information from third parties is essential to ensure the success of the new tax administration system. Third parties will be expected to provide the IRD with basic client identification information such as (name, address, National Registration Number) as well as client operation information such as (residential mortgage interest paid, residential insurance premiums paid, registered pension plan contributions and withdrawals, new shares in public companies purchased and redeemed, mutual funds purchased and redeemed etc. In addition, employers will continue to file information returns with respect to employment income and deductions.

Forms and specifications for the transmission of PAYE Information

There are three options to file your year-end information return with the IRD:

E-Filing: Create and submit your return by internet through IRD's web site;
Bulk e-filing: Use XML files to upload the information. Filers using this option will rather generate the information using their own information systems instead of using IRD's web site to create it. The information will be sent to the IRD in electronic format by creating a XML file regarding the XML Schema file definition provided by the IRD. To use this option please follow the steps below:
1. Download the definition file (XML schema) from the link provided at the end of this page.
2. Generate a XML file with the employees information based on the technical specification providede by the XML Schema file you previously downloaded.
3. When the XML file is ready, log into the IRD System and submit the file. Detailed instructions for this step will be provided soon.
Manual filing: This option is available for taxpayers that will prepare the information return manually and will send a paper copy to the IRD for later reconciliation.

All the specifications for the reporting formats for third party information are currently being finalized and will be published shortly. Currently the following are available for download: