4Tax declaration for self-employed workers


If you wish to work as a freelance sole trader, you must declare this to the Inland Revenue before starting work. You can declare this directly on your MyIR profile. You will not be taxed weekly like employees, but only at the end of the tax year, once you have completed your declaration. We therefore advise you to open a savings account with your New Zealand bank (free of charge) so that you can pay your contributions into this account when you receive your pay. That way, you won’t have any nasty surprises at the end of the year! The rates applied to freelance workers are the same as those for employees.

At the end of the tax year (31 March), you must complete your IR3 individual income return. The form and 2023 guide are available online. If you are not a tax resident (arrived after 30 September), you must use this guide and complete the IR3NR form instead.

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Pamela

Voyageuse belge depuis 2012, j'ai vécu aux USA et aux Bahamas avant de m'envoler vers la Nouvelle-Zélande où je vis depuis 2019. Je partage avec vous mes meilleurs tips NZ grâce à pvtistes.net et vous accompagne dans votre préparation au départ, avant de moi-même prendre à nouveau mon envol...

Belgian traveler since 2012. I have lived in the USA and the Bahamas and I have now been living in New Zealand since 2019. I share my best NZ tips with you and I help you prepare for your big adventure. I will soon be going on to my next one myself...

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