Having employees is great, but you need to understand your tax obligations to avoid future issues. There are three essential areas you need to be across as an employer in New Zealand:
•Your general employer tax obligations (PAYE, etc.)
•ACC - the ‘no-fault accident compensation scheme’, and
•KiwiSaver – the voluntary saving initiative created by the KiwiSaver Act 2006 requiring both employee and employer contributions.
Use this comprehensive but user-friendly 3-page checklist, written in collaboration with our employment law firm partner, Edwards Law, to help you understand and simplify managing your tax obligations as an employer.
Disclaimer: On Your Terms was created to provide fast, easy and affordable access to legal information and documentation. We are not a law firm and do not provide legal advice. The information and documents we provide are of a general nature, designed for common situations, and may not be suitable for your needs or circumstances. If you need legal advice, we have a network of specialist law firm partners able to help you here.