Skip to main content

Planned myIR outage We’re carrying out maintenance work on myIR over the weekend, and there may be an outage or disruption of service between midnight and 4am Sunday morning.

Budget 2024 | The Government has confirmed changes and provided more information on FamilyBoost. Find out more: FamilyBoost

Budget 2024 | The Government has confirmed changes to personal income tax, the independent earner tax credit, in-work tax credit, and the minimum family tax credit. Find out more: Personal income tax threshold changes

When you’re selling goods or services over the internet, you have the same tax obligations as any other business.

Trading online is the same as doing business from a shop, or from your home. Any income you earn from a business (including online auctions or sales sites such as TradeMe) needs to be included in your income tax return. There is no minimum income level to be in business.

If you’re trading online and answer yes to some or all of the following questions, it’s likely you’ll need to declare the income you’ve earned.

  • Did you buy goods with the intention of reselling them?
  • Did you intend to make a profit from the sale?
  • Are you providing services in return for payment? (The payment does not have to be cash.)
  • Do you regularly sell goods or services online?
  • Do you sell online as part of an already established business?

Claiming expenses

When you’re in business, you can claim certain expenses.

Types of business expenses

Some expenses are specific to trading over the internet. For more information about these read our Online trading tax implications - IR1022 factsheet.

Registering for GST

If you’re providing goods or services and your turnover is more than $60,000 in any 12-month period, or is likely to be more than $60,000 in the next 12 months, you’ll need to register for GST.

You may also register voluntarily if you earn less than this.

Registering for GST

Last updated: 10 Aug 2023
Jump back to the top of the page