Working for yourself
Being self-employed or running your own business means you're responsible for paying your own tax.
Important:
You'll also need to file an Individual income tax return (IR3) at the end of each tax year.
Depending on your income, you may still be able to claim a tax credit (formerly rebate).
If you're self-employed you need to pay tax at set times through the year and you may need to register for goods and services tax (GST).
If you're self-employed and want to join KiwiSaver you'll need to choose a scheme provider and contact them directly to apply. Go to the KiwiSaver website for more information.
How will this affect you?
Check out Real lives to see Matt's story - he has just left school and works full-time, but is thinking of working for himself.
