Reply To: Hello,I just started a small at home business selling knit and crochet items. I’m just wondering how soon I need to declare anything for tax purposes? I am definitely not making enough right now but I’m not sure how it works. I’m on a working holiday visa from the USA so not sure about NZ tax and procedure. Thanks!


Cool, so in summary then, keep track of your income and expenses, put aside some money for income tax on the profit, and either at the end of this tax year (March 2021) or when you return home (whichever comes sooner) I’d recommend finding an accountant to help you file a return for the tax year ending March 2021, should be a simple job for them if you have good records.