An Income Verification Letter is a crucial document in New Zealand's business and financial landscape, serving as an official confirmation of an individual's employment income and status. These letters are commonly requested by banks, financial institutions, landlords, and immigration authorities to verify an individual's financial capacity and employment stability. The document must adhere to New Zealand's Privacy Act 2020, Employment Relations Act 2000, and other relevant legislation while providing accurate income information. It typically includes current salary details, employment duration, position information, and may also cover additional compensation such as bonuses or commissions. The letter must be signed by an authorized representative of the employer and is often used for mortgage applications, rental agreements, visa applications, or other situations requiring proof of income.

1. Letter Header: Company letterhead, date, and reference number

2. Recipient Details: Name and address of the organization or person requesting verification

3. Employee Identification: Full name, position, and employment status of the employee

4. Employment Details: Duration of employment, including start date and employment type

5. Income Information: Current salary/wage rate, payment frequency, and gross annual income

6. Verification Statement: Formal statement confirming the accuracy of the information

7. Authorizing Signature: Name, title, and signature of the authorized person providing verification