When you run a business, even if it’s just a side gig, it’s your responsibility to manage your tax obligations correctly. Accounting software packages and online services like Afirmo can be a big help. But as a small business owner you’re required by law to get it right, or put it right if you make a mistake. And putting it right can sometimes involve penalties and interest payments.
The tax types, processes, dates and forms you need to know about will typically depend on your business structure and whether you employ staff. So in this series, we’ll start by explaining the main business structure options for small businesses. Then we’ll take a brief look at the various tax types so you can make a note of the ones that are likely to apply to you.
With those fundamentals sorted, you can quickly identify which parts of the more detailed sections are most relevant to you. This series of articles is designed to get you started on identifying the tax obligations that are most relevant to your business and learning more about them.
Articles in the Small Business Guide to Tax series
- A small business owner’s introduction to tax
- Choosing a business structure
- The main small business taxes and levies
- Maintaining business records for tax purposes
- Small Business tax registration requirements
- Small Business Tax types in more detail
- Tax payment due dates
- Tax forms and when to file them
- How to get money out of your company
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Afirmo Disclaimers:
Afirmo is here to make it easier and quicker for small businesses to understand and comply with government and other regulations and obligations and get on with their businesses and succeed.
We do this by packaging information and advice from across many sources including government websites into tools and resources, designed with small businesses in mind.
To make our resources as easy to understand as possible and to avoid overwhelming our audience, we aim to provide enough detail to help in the majority of situations, rather than comprehensive detail for all situations.
Tax Series Disclaimer:
The information available in this series of Tax articles includes information provided by the Ministry of Business, Innovation and Employment (MBIE) and information provided by third parties (providers of information). This information is intended to provide general business information to the public. The information in this series should not be your only source of business information. We recommend you seek professional advice as appropriate.
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(a) out of the use of any of that material or facilities; or
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