As a content creator, there are things you need to know about to manage your tax, like due dates, record keeping and registering for GST.
To keep track of due dates throughout the year, it might help to add them to your phone's calendar. If you cannot file or pay by the due date contact us as soon as possible to discuss your options.
Business industry classification (BIC) code
ACC uses Business industry classification (BIC) codes to ensure you are paying the right amount of ACC levies for your industry group. BIC codes also help us create messages, products and services for customer and industry groups.
A BIC code has been created for digital content creators.
It is important for online content creators to keep good records. There are legal reasons as well as good business reasons to keep these records.
For more information on record keeping:
Registering for GST
Goods and services tax (GST) is a tax on most goods and services supplied in New Zealand by registered persons. It also applies to most imported goods and some imported services. GST of 15% is added to the price of taxable goods and services.
Whether you need to register for GST depends on if you're carrying on a taxable activity and how much turnover you have.