Should I register for PAYE?

Should I register for PAYE?

You can register for PAYE at the same time as you register your business and register for GST.  But this will depend on whether you are planning on employing staff.  If you don’t have any plans to employ staff right at the beginning, then there is no point...
ACC & ACC Cover Plus Extra

ACC & ACC Cover Plus Extra

Paying Accident Compensation Corporation levies is unfortunately something a profitable small business owner is unlikely to be able to avoid paying. Levies can go up and down depending on the type of year you’ve had. And just like provisional tax, if you have a...
Should I register for GST?

Should I register for GST?

If you are starting out in business and your turnover for 12 months is going to be above $60,000, then you will need to register for GST at the same time as you set your business up.  By “turnover”, we are talking about your total sales that you charge your...
Starting a New Business – Where to start

Starting a New Business – Where to start

What sort of entity should I be? Sole Trader, Partnership, Company or Trust? The type of entity you decide on will depend on your personal circumstances.  Being a sole trader, means that you are the only person running the business and you will be personally...
Running a Business

Running a Business

Running a business is like going out to Onepu Mountain Bike Park. If you haven’t done your research or been out there before, the temptation to go through the main track and head straight up past the sandpit to “The Ridge” to get up to the top is pretty high. For the...