ACC guide for sole traders
If you’ve ever, say, accidentally dislocated your shoulder while snowboarding, you’re probably familiar with (and grateful for) ACC and thei...
Cash Flow for Sole Traders
We all love talking about profit – who doesn’t enjoy seeing those numbers climb? But there’s another financial concept that’s equally, if no...
Claiming vehicle expenses as a sole trader
As a sole trader, you might use your car or other motor vehicle as part of running your business. And who wouldn’t appreciate some tax relie...
New Zealand Self-Employed Tax Calculator
As a sole trader, it can be tricky to figure out how much to set aside for your annual tax bill. Most income tax calculators are set up for...
Debunking the 5 most common tax myths
In the sole trader community, tax misconceptions are as common as a morning cup of coffee. For starters, it’s so easy to get caught up googl...
You ultimate guide to GST for tradies
As a self-employed tradie, chances are you’re at least vaguely familiar with GST. If you don’t charge it yourself, you may have noticed it o...
Household expense guide for Kiwi sole traders
If you’re a sole trader and you work from home, you may be able to claim a portion of your home running costs as business expenses. Neat! B...
How to fill out the IR330C form correctly
The IR330C (Tax rate notification for contractors) form is an IRD form filled out by contractors, freelancers, and other self-employed indiv...
How to Register for GST
Registering for GST is super easy. It’s all done online through the IRD website so all you will need is your myIR details on hand to get set...
[Infographic] Expenses tradies should be claiming
Here is a list of common expenses tradies can raise as part of their day-to-day business activity. While this list doesn’t have everything y...
[Quiz] Should you register as a company or a sole trader?
Many self-employed contractors, freelancers, and tradies think that they have to register a Limited Liability Company (LLC) in order to oper...
Tax rates for sole traders
Whether you work for an employer, or own your own business, taxes are unfortunately a fact of life. As much as it would be nice to keep more...
Sole trader tax tips for the new financial year
According to our latest research, Kiwi sole traders spend an average of 6 hours a week and up to $246 a month managing their tax and financi...
Sole trader's guide to depreciation
Let’s get straight to business: depreciation is confusing. Not just because it can involve a lot of rates and spreadsheets and maths, but al...
The sole trader’s guide to secondary tax
Ever scratched your head, wondering why you’re paying different amounts of tax on your main PAYE job and your part-time gig? And if you run...
Tax 101 for sole traders
If you’ve been self-employed for a while now, you’re probably more than aware that sole traders are fully responsible for preparing, paying,...
The sole trader's guide to expenses
“I think I should pay more taxes,” said no sole trader ever. If you’re self-employed and/or running your own business, you know how hard it...
The End of the Financial Year with Hnry
Done with DIYing your own taxes? Out of patience with your out-of-touch accountant? Welcome to the end of the financial year (EOFY) with Hnr...
The sole trader guide to student loan repayments
If you’re a Kiwi with a degree, you’re probably familiar with New Zealand’s student loan system. Essentially, you borrow a small fortune to...
How to understand your ACC invoice
ACC sends out invoices to self-employed earners once every year. This used to happen after the 1st of July, but due to the pandemic, ACC inv...
Understanding Provisional Tax
If you’re a sole trader, chances are you’ve received an unexpected tax bill at some point. Calculating your own taxes can be complicated, an...
What is a tax refund?
Getting a tax refund can sometimes feel like hitting the jackpot. A few hundred dollars hitting your bank account out of nowhere? Sweet! Bu...
What is GST, and how does it work?
The Goods and Services Tax (GST) is a consumption tax that’s charged on most goods and services in New Zealand. It’s called a consumption ta...
What is the GST threshold and why does it matter?
Note: As advocates for sole traders, Hnry does have a bias when it comes to whether or not we should raise the GST threshold. For more infor...
Withholding Tax guide
If you’re an independent contractor, you’ve definitely heard the term “Withholding Tax” before. But you may not be fully across how it all w...
Freelancer's guide for claiming donation tax credits
This article was written by our friends at Supergenerous. Supergenerous automates the process of claiming back a charitable tax rebate. Di...
Navigating the End of the Financial Year
For many sole traders, the end of the financial year (EOFY) can be stressful and confusing. From calculating your taxes, to claiming expense...