That word – tax. It can send a shudder through you. After you’ve worked so hard, the big question becomes: “Now, how much tax will I have to pay?” Depending on the type of business you have, it’s always good to have some idea of how income tax works. And we’re here to make sure you’re in good hands with the right advice and expertise you need.
Tax facts
Are you looking to start out in business or looking to understand more about tax? The Inland Revenue Department’s new animated “Introduction to business” videos may be just what they’re looking for.
The videos explain the basics in plain language and cover topics like depreciation, expenses, registering for GST, and income and provisional taxes. Each clip links to more detailed information on our website. They are designed to get people up to speed quickly (they’re all under 10 minutes) and can be accessed at any time.
You can find the videos at www.ird.govt.nz (keywords: business videos) or by clicking this link. Why not check them out now. We’re sure you’ll find answers to many of your tax questions.