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Tax relief for hail affected growers

2 March 2021

Inland Revenue (IR) has announced some tax relief options for growers who were affected by hail events in December 2020.  

Affected growers can apply to use IR's Income Equalisation Scheme (IES).  
 
Find out more about the equalisation scheme
Find out if you qualify for an early withdrawal from an income equalisation deposit
 
IR also has a range of other support in place for affected businesses:

  • Temporary loss carry-back scheme – find out more
  • Businesses who have missed tax obligations can apply to have late filing and late payment penalties remitted.
  • IR may be able to help in other ways including hardship relief and Working for Families Tax Credit payments.

To speak to IR, phone 0800 473 566.