Businesses, organisations, non-profits and charities have certain tax obligations when setting up. They may also have obligations with other government agencies like the Companies Office or the Charities Commission.
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Apply for a business IRD number
All businesses and organisations, except self-employed people, need to apply for a separate IRD number before they start trading.
- Companies Office - tax registration
- Register for GST
- Register as an employer
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Paying tax in your first year in business
Any income tax from your first year in business is usually due by 7 February the following year.
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Tax exemptions for charities
If your charity is fully exempt from income tax you won’t need to file an income tax return unless we ask you to.
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Qualifying for the $1,000 income deduction as a not-for-profit
If your not for profit’s net income is under $1,000 a year you are exempt from income tax.
