Tax rules β’ New Zealand
Tax rules for New Zealand
Each rule here is the one Bilbx runs, with the figure the app uses and Inland Revenue's own words under every sentence.
The tax year
1 April to 31 March
New Zealand's tax year: 1 April to 31 March
The tax year is from 1 April to 31 March, and Bilbx's Tax Lab totals your receipts by that year.
Read the ruleHow often you file GST or VAT
Periods of 2 months ending January, March, May, July, September and November
GST filing frequency: monthly, two-monthly or six-monthly
How often you file GST, as Inland Revenue sets it out, and the periods Bilbx's Tax Lab shows: periods of 2 months ending January, March, May, July, September and November.
Read the ruleThe line each expense goes on
Financial statements summary (IR10), boxes 4β24
Financial statements summary: the box each expense goes on
The expense boxes of the financial statements summary, as Inland Revenue prints them, and the one Bilbx's Tax Lab adds each category's receipts up on.
Read the ruleRecords of business use
90-day logbook, for 3 years
Business use: the vehicle logbook
The logbook Inland Revenue accepts for the business share of a vehicle, and the years Bilbx's Tax Lab applies it for.
Read the ruleWhat a receipt needs for a tax credit
$200
Taxable supply information: the $200 GST rule
What taxable supply information must show for supplies over $200, as Inland Revenue sets it out, and how Bilbx marks your receipts against it.
Read the ruleCheck a receipt
Enter a receipt to see what Bilbx does with it under New Zealand's rules. It is worked out in your browser by the same code the app runs, and nothing you enter is sent or stored.
Enter a date and a total to see the answers.
For the records behind these rules, see the guides for New Zealand. How we research and review.