If you want to reduce greenhouse gas emissions in your business and help the environment, going carbon neutral in your business is a great way to do your part.
If your business is a registered company, a law change means you must have a director who lives in New Zealand – or who lives in Australia and is a director of an Australian registered company – by 28 October.
You’ll also need to provide some extra information about directors and any ultimate holding company with your next annual return.
Make sure you’re sorted by following this quick and easy checklist:
You have to register for GST as soon as you think you’ll earn more than $60,000 in a 12 month period, but you may want to register earlier so you can claim back GST while your business is still small. Make sure you provide the correct information so your registration isn’t delayed by avoidable mistakes.
Sales tax is complex. Maybe you’re new to selling online or maybe you’ve decided to get serious about sales tax compliance. Or maybe you thought you were compliant but a scare (like a letter from a state’s department of revenue!) just convinced you otherwise. No matter what has you tackling sales tax compliance, TaxJar has your back. Here’s how to get started with sales tax compliance, if:
In a nutshell: It is legal and required in some states to charge sales tax on shipping and handling charges. Some states require sales tax on delivery charges only in special cases and some don’t require sales tax on shipping charges at all.
We get a lot of questions about exactly how much sales tax you should be charging your customers.
As with most things in the sales tax world, the answer is usually “It depends.”
This post will explain what factors go into those weird “6.75%” or “9.5%” sales tax numbers you see when charging sales tax to your customers. And we’ll also arm you with the tools and knowledge you need to be sure you’re charging your customers the right amount of sales tax! (And if you’re building your own shopping cart and reading all this sounds like pulling teeth, we get it. Check out TaxJar’s SmartCalcs Sales Tax API and let us handle it for you!)
We see a lot of variations on this question: “A state said I had to register to collect use tax, not sales tax. What’s the difference?”
To make a long story short, sales and use tax generally refer to the same thing: A percentage tax on the price of a sale that is collected by a merchant and remitted to the government.
Summer is one of the most active seasons for small businesses. Not only do businesses start hiring more people but, according to the Paychex IHS Small Business Index, there tends to be an upswing in the number of businesses started during the summer months. The trouble is some people see their summer business as a seasonal project, rather than as an actual company, so they don’t pay close enough attention to their new tax obligations. To help summer entrepreneurs stay out of trouble, here is a quick breakdown as to what taxes their business has to collect and pay.
In an ideal world, you’d charge one sales tax rate to all customers buying from your online store and that would be that. (Okay, so in a real utopia there would be no sales tax, but that’s really dreaming. Or Oregon.)
Starting way back in 1995, Connecticut launched its first publication of delinquent tax payers. Washington followed suit in 1997 and now, as of December 2014, 23 states either publish a list or have a searchable database of delinquent tax payers. The thought process behind creating these publicly accessible lists is that if someone owes back taxes, they are more inclined to pay if they are publically embarrassed.