Disclaimer: the figures provided are indicative, and are solely based on the information provided and the assumptions provided
Instructions for using the Self Employed Income Tax calculator:
- Select what your business type is in Box 1. This is for our information purposes only and does not affect the calculation
- Record all your self-employed, freelance and contractor income (excl GST) in Box 2 ($). Do not add deductions/expenses in this box
- Record any income you receive from employment income where you pay PAYE in Box 3. If you do not pay PAYE then record this income in Box 2
- Record any other income in Box 4. This includes interest income, rental income, overseas income, dividends received etc
- Record your businesses expenses in Box 5. This includes any working from home costs. We will verify these deductions if we act as your tax agents
- If you have an outstanding student loan balance then please select Yes in this box. Otherwise select No
- If you are wanting to pay KiwiSaver contributions then add the % rate that you intend to make deductions in Box 7. This can be 3%, 4%, 6%, 8% or 10%