Important tax matters and a picture of a puppy

Posted Monday 20 Feb 2017


Tax! Yes, we realise we lost some of you right there. But even if your heart whimpers like a bedraggled puppy (see above) at the thought of getting your head around changes in tax rules, hang in there.

The IRD is changing how it administers schedular payments (that's freelancer/contractor tax) from April 1 2017, and staying on top of these changes will help you in the long run.

The full details are here. There are three main changes, affecting the forms to be fllled in, a new ability to choose your own tax rate (sorry, that isn't as exciting as it sounds), and how labour-hire payments are made.

Go on, check it out. It's going to be useful.

Photo: Thomas Hawke, CC BY-NC 2.0 license via Flickr