myIR, payments and more
Introduction to business videos
We have developed a series of videos to help you when you are going in to business for yourself. View each of the six videos below.
- 1: Business structures
- 2: Income and provisional tax
- 3: Expenses
- 4: Depreciation
- 5: Registering for GST
- 6: Record keeping
- Find tools and links mentioned in the videos
1: Business structures
Learn if you should operate your business as a sole trader, partnership or company.

Flash video | 6:46 mins
Mātakina tēnei ataata mā tētahi atu reo kē ›
Watch the "Business structures" video in Sign Language ›
한국어로 된 "Business structures"(사업 구조) 영상 보기 ›
See "Find tools and links mentioned in the videos" for more useful information to help you get started.
2: Income and provisional tax
Learn about income and provisional tax if you've just started working for yourself.

Flash video | 5:46 mins
Mātakina tēnei ataata mā tētahi atu reo kē ›
Watch the "Income and provisional tax" video in Sign Language ›
View these pages for specific information to help you get started:
- The Tax on annual income calculator lets you work out how much income tax you need to pay
- The Provisional tax (IR289) guide tells you what provisional tax is, and how and when it must be paid
3: Expenses
Learn what expenses you can deduct in your income tax return.

Flash video | 5:04 mins
Mātakina tēnei ataata mā tētahi atu reo kē ›
Watch the "Expenses" video in Sign Language ›
View these pages for specific information to help you get started:
- Find out about claiming business expenses to make sure you claim these correctly
- The ACC website provides information about ACC levies
4: Depreciation
Find out what you need to know about depreciation if you're in business for yourself.

Flash video | 6:04 mins
Mātakina tēnei ataata mā tētahi atu reo kē ›
Watch the "Depreciation" video in Sign Language ›
View these pages for specific information to help you get started:
- The Depreciation rate finder will find the depreciation rate(s) for your fixed assets
- The Depreciation claim - calculate your tax deduction is used to calculate depreciation on a business asset
Note
The maximum pooling value for the 2014-2015 or previous income years is $2,000. The maximum pooling value has increased to $5,000 for the 2015-2016 year onwards.
5: Registering for GST
Find out if you should register for GST and what you need to do when you have.

Flash video | 5:07 mins
Mātakina tēnei ataata mā tētahi atu reo kē ›
Watch the "Registering for GST" video in Sign Language ›
한국어로 된 "Registering for GST"(부가가치세 등록하기) 영상 보기 ›
View these pages for specific information to help you get started:
6: Record keeping
Learn about keeping records when you're in business for yourself.

Flash video | 3:25 mins
Mātakina tēnei ataata mā tētahi atu reo kē ›
Watch the "Record keeping" video in Sign Language ›
한국어로 된 "Record keeping"(증빙서류 보관하기) 영상 보기 ›
See "Find tools and links mentioned in the videos" for more useful information to help you get started.
Find tools and links mentioned in the videos
- Our "Tool for business", an online interactive tool to help you get all your small business tax issues sorted quickly and simply
- Register for myIR Secure Online Services to send us secure emails and file your returns online
- Tools and advice from across government to save you time and help make your business a success.
- The Companies Office website allows you to register your business, get an IRD number and register for GST
- You should also consider seeking expert advice from an accountant or tax agent, business advisor or business consultant