Calling Trade Me “In Trade” Badge Traders

26 January 2018

With the new Trade Me “in trade” badge coming into effect for sellers on 17 June 2014 – it will become very easy for IRD to identify which traders are “in business”. These people are required by IRD to keep proper records and prepare business accounts and file income tax and possibly GST returns.

If unsure about this or not already set up we highly recommend discussing how best to go forward with an accountant ASAP. We’re more than happy to advise, talking with us is always free.

Please get in touch or call 0508 5494829 or email service@kiwitax.co.nz with any questions.