Self Employed Contractor In Nz
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FAQ
You can be employed and self-employed at the same time. For example, you could be employed as a part-time shop assistant and run a business from your home.
Contractors are self-employed and earn income by invoicing the principal for their services.
If you have one or more part-time jobs, or work for several different people, you need to go through the questions for each of your jobs. Being self-employed in one job does not automatically mean you will be self-employed in your other jobs. You can be employed and self-employed at the same time.
If you're self-employed you use your individual IRD number to pay tax. You pay tax on net profit by filing an individual income return. You can claim back expenses for business activity that you carry out. You need to register for GST if you earn over $60,000 a year.
To qualify for self-employment in New Zealand, you'll have to meet the following requirements: You are a permanent resident or citizen of New Zealand, or: You have an entrepreneur work visa. You have a work visa with open conditions. You have a Working Holiday visa (some restrictions may apply)