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0800 115 188

SOLE TRADERS | SELF EMPLOYED

SOLE TRADER ACCOUNTING & TAX

Affordable fixed fee plans with unlimited general advice

30+ Years Experience

Fixed Fees

Chartered Accountants

Worry free sole trader accounting & tax

As a sole trader, we understand that the last thing you need to worry about is accounting and taxes. 

That’s why we have created plans with sole traders and self employed people in mind.

We are dedicated to providing a personalised yet professional and efficient service to small and medium sized business, owner operated businesses, contractors, rental property owners and individuals..

MTG Accounting Sole Trader Accounting & Tax

We've got your sole trader accounting covered

Start-up Guidance

Guidance on how to properly set up of your business.

Sole Trader Accounting (Guidance)

  • What structure is best suited to your situation
  • Whether you need to register as a company or not
  • Whether you need to register for GST or not
  • What basis should you register for GST on
  • What the pros and cons of each GST registration periods on offer
  • How to create tax law compliant business invoices
  • How to correctly calculate withholding / schedular tax on your invoices
  • Do you need to have professional indemnity insurance in your industry
  • Do you need an accounting system like Xero or not
  • How best to record your accounting and tax information
  • How and what accounting records to keep and for how long

GST + Other Returns

Preparation and filing of GST to ensure compliance with the IRD.

Sole Trader Accounting  (GST Returns)

  • Prepare and File GST Returns on your behalf to the IRD.
  • Calculate your GST accurately so you are maximising the tax benefit.
  • Whether you need to register for GST or not
  • What basis should you register for GST on
  • What the pros and cons of each GST registration periods on offer
  • Provide guidance on a comprehensive list of claimable expenses (dependent on your industry) that you need to be aware of and keep details of
  • Give guidance on specific GST issues such as charging GST on overseas goods and services.
  • Give guidance and provide GST compliant invoices / invoice templates.

Income Tax Returns

Calculation and filing of income tax returns to maximise tax benefits.

Sole Trader Accounting  (Income Tax Returns)

  • Prepare and File Income Tax Returns on your behalf
  • Advise you of your tax obligations and tax due dates
  • Explain how provisional and terminal tax works
  • Reminders on Provisional Tax and Terminal Tax due dates and amounts
  • Workout what percentage to save for GST and Income Tax so there is no or minimal shortfall at the end of the financial year and to avoid IRD penalties and interest
  • Workout your student loan and Kiwisaver obligations
  • Explain how owners' drawings works and how to best structure it to suit your situation
  • Ensure that everything is filed on time so you avoid costly and unnecessary IRD penalties and interest.

Financial Statements

Preparation of financial statements in accordance with NZ tax law.

Sole Trader Accounting  (Financial Statements)

  • Prepare financial statements in accordance with NZ Tax Law and Financial Reporting Standards
  • Create directors, shareholders and trustees resolutions.
  • Create company office minutes / resolutions
  • Prepare management accounts as required
  • Prepare financials for interested parties such as Banks, Insurance Providers, ACC and prospective buyers.

Kiwisaver | ACC

Overview and set up of Kiwisaver, student loan and ACC.

Sole Trader Accounting  (Kiwisaver | Student Loan | ACC)

  • Assistance with setting up or continuing your kiwisaver when you become a contractor.
  • Advising on how ACC works and evaluating options on the best ACC cover for you.
  • Giving you an overview on how Student Loan works as a contractor and your repayment obligations.

Included in your plan

Tax Strategies

Tax strategies and advice to ensure effective tax outcomes

Tax Payment Reminders

Tax payments reminders to avoid penalties and interest

General Advice

General advice on any queries around business accounting and taxes

Financial Statements

Preparation of financial statements in accordance with NZ tax law.

  • What structure is best suited to your situation
  • Whether you need to register a company or not
  • Whether you need to register for GST or not
  • What basis should you register for GST on
  • What the pros and cons of each GST registration periods on offer
  • How to create tax law compliant business invoices
  • How to correctly calculate GST on your invoices
  • How to correctly calculate withholding / schedular tax on your invoices
  • Do you need to have professional indemnity insurance in your industry
  • Do you need an accounting system like Xero or not
  • How best to record your accounting and tax information
  • How and what accounting records to keep and for how long

Other Business Returns

Preparation and filing of other returns e.g. PAYE, FBT, RWT, DWT.

  • What structure is best suited to your situation
  • Whether you need to register a company or not
  • Whether you need to register for GST or not
  • What basis should you register for GST on
  • What the pros and cons of each GST registration periods on offer
  • How to create tax law compliant business invoices
  • How to correctly calculate GST on your invoices
  • How to correctly calculate withholding / schedular tax on your invoices
  • Do you need to have professional indemnity insurance in your industry
  • Do you need an accounting system like Xero or not
  • How best to record your accounting and tax information
  • How and what accounting records to keep and for how long

MTG Accounting Xero Partner
MYOB Logo - MTG Accounting
MTG Accounting Chartered Accountants

SOLE LITE

Non GST Registered

$ 90
+GST /month
  • Set Up & Guidance
  • Accounting
  • Annual Financial Statements
  • Income Tax Return
  • Tax Minimisation Strategies
  • Tax Payment Reminders
  • Unlimited Support & Advice

SOLE PLUS

Revenue < $200K per annum

$ 120
+GST /month
  • Set Up & Guidance
  • Accounting
  • GST Returns
  • Annual Financial Statements
  • Income Tax Return
  • Tax Minimisation Strategies
  • Tax Payment Reminders
  • Unlimited Support & Advice

SOLE PREMIUM

Revenue > $200K per annum

$ 150
+GST /month
  • Set Up & Guidance
  • Accounting
  • GST Returns
  • Annual Financial Statements
  • Income Tax Return
  • Tax Minimisation Strategies
  • Tax Payment Reminders
  • Unlimited Support & Advice

* Trading as a company? Simply add $15+GST per month to our plans

Why clients choose us

Fixed Fees

Our fees are competitive and disclosed to you up front. Knowing what it will cost gives our clients peace of mind.

Catering For All

No one is too small or too big. We will build a lasting relationship and be by your side through your financial journey.

Online or Face To Face - Your Choice

We can do everything online but happy to meet in person if that's your preference.

Tell us a little about yourself and we'll give you a call




Included for FREE
General Advice
Tax Payment Reminders
Tax Minimisation Strategies