All Posts

How does tax work for a small business in NZ?

It's the question almost every new sole trader, contractor and business owner asks first and it's a bit overwhelmed when working through. But once you understand what tax actually is and how the New Zealand system works, it stops being a scary unknown and becomes just another part of running your business. Let's break it down in more details. What tax actually is At its simplest, tax is your contribution to the community. In New Zealand, the government collects money from ind

Tax basis

Huyen Le

Feb 153 min read

The True Cost of "No Records"

When you run your own business, record-keeping often drops to the bottom of the to-do list. Not because you don't care, but because you're busy. And when something feels confusing or a bit boring, it's easy to put it off. But skipping the paperwork can create bigger headaches than you might realise. They usually pop up at the worst possible time. Here's what poor record-keeping can actually cost you, and why getting on top of it now is one of the smartest things you can do. W

Huyen Le

Feb 153 min read