Introduction to business taxes
It is important that you meet your business tax obligation. This section outlines what the obligations are, and helps you keep adequate records inorder to complete your tax returns.
Tax obligations when setting up a business
Will you operate as a sole trader, partnership or limited liability company? Before you decide, it's important to understand the basic tax requirements of each structure. Learn about your tax obligations or any registrations you may need to complete, and where you can go for free tax education and advice.
Get free tax education from a tax information officer
Inland Revenue's specialist Business tax information officers offer free tax education and advice to new businesses and smaller organisations.
Your tax registrations - GST, employer and IRD number
When setting up your business you may need to apply for a different type of IRD number. You may also need to register as an employer, or for additional tax types such as goods and services tax (GST) or fringe benefit tax (FBT).
Tax assistance package
Recent law changes may make it easier for you to manage your cash flow and reduce compliance costs. The small and medium sized business tax assistance package includes changes to provisional tax, GST, tax for employers, use of money interest and deducting legal expenditure.
Work out your tax obligations with online calculators
Work out your tax obligations with Inland Revenue's online calculators.
How to keep accurate, complete records
When running a business, you are expected to keep accurate and complete records. Your business records should include banking information, proof of income and expenses, cash books and wage books. There are different expectations if you have computerised accounting and record systems.
