Being self-employed means you can make voluntary contributions to your Kiwisaver at any time, either directly to your Kiwisaver provider or through Inland Revenue.
If you’ve contributed less than $1042.86 since 01 July, now is the time to pay a top-up to ensure you receive the full member tax credit from the government. You have until 30 June to top-up your account to qualify for the annual government paid tax credit of $521.43.
We would recommend you contact your Kiwisaver provider directly to obtain the bank account details for payment of your contributions.
Once you’ve made a lump sum payment it’s ‘locked in’ until you’re eligible to withdraw your savings.
About Kiwitax – Award winning business improvement, tax and accounting service
Here’s the thing. As a business, rental property owner or start-up, you get a kick out of having your own gig. But chances are dealing with your tax and accounting leaves you cold. Good news! We love it, so hand it over to Kiwitax and we’ll look after it all for you.
Whether you deal with us online, by phone or drop into our Napier office, you’ll find a friendly, professional hardworking team ready to work with you, however you keep track of your financial information and from wherever you do business. And all for a fixed price. It takes just two minutes to get a quote.
Plus if you’re at a loss to know how to improve aspects of your business – from growth planning to cashflow management, even tax debt and so much more – we’re all over that too. Our Business Improvement advisors can help you make a plan and put it into action.
Kiwitax are a preferred training provider for Business Improvement services through the Regional Business Partner Network Capability Voucher Scheme. This is a government funded scheme designed to boost business capability by providing funding of up to 50% of approved training programs with specified training providers up to a maximum value of $5000.
If you liked this article and want to make improvements in your business, with quarterly coaching sessions specifically tailored to support you to identify and achieve your business goals, lets chat!