Tax
Whether you’ve been in business for years or just starting out, it’s important to understand how tax works. This includes knowing the different tax types and levies, reporting the right information to Inland Revenue, and managing payroll for your employees – without breaking the bank.
Guide to business tax
Business taxes and levies might seem unfamiliar if you’re new to business. Find out more about the main types, what you need to know about them, and how to manage them.
Paying employees
If you have employees, you'll have to think about the payroll process. It comes with tax and other obligations, like having to make deductions and telling Inland Revenue certain details. Learn about the main deductions you’ll have to make.
Reducing your tax bill
You must pay tax, but you might be able to decrease the amount you pay. Our top tips will help you reduce your tax bill while following the rules.
Finance
If you need financial assistance to grow your business or keep it going, this is where you can learn about what funding is and what support options you have from government agencies. Having a good foundation on business finance can also help you make good decisions.
Funding your business
Sometimes your business might need a financial boost to grow, cover an expense, or innovate. If you’re thinking of getting funding, this page is for you. Find out what funding is, how to choose the right type, and how to persuade funders.
Getting government grants
Government agencies offer a range of support to empower businesses to succeed and innovate. Find out where to start and what’s available to new and established businesses.
Business finance basics
Understanding your finances helps you make smart spending decisions, so you’re earning enough to keep your business running. Find out what business finance is, why it’s important, and what you need to consider when starting out.
Selling or closing down
If you’re selling, closing, or stepping away from your business, there are a few things to keep in mind. You also need to understand tax requirements to avoid debt and unexpected expenses.
Stepping away or selling your business
Selling or closing are not the only options if you choose to leave your business – but if you decide to sell, you’ll want to get the best price you can for it. If you’re stepping away from your business, there are ways you can still be involved.
Closing your business
Learn how to manage tax requirements, business debt and company registration when you close your business – whether you’re a sole trader, in a partnership, or a company.