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Thread: Border Income.

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  1. #1
    Join Date
    Feb 2015
    Location
    New Zealand
    Posts
    44

    Default Border Income.

    Hi guys.


    I have few question on border income. I have a border who pays me 150$week. Do I need to pay tax on this income?

    Would it be a better idea to always get a room contract signed with your flat mate?

    Can some one suggest me on this?

    Cheers!

  2. #2
    Join Date
    Aug 2005
    Location
    West Auckland
    Posts
    1,029

    Default

    The IRD website is the best place to look for answers about tax.
    How to tax income from private boarders http://www.ird.govt.nz/income-tax-in...ers-flyer.html
    If you get money from renting out your house, a room, a caravan or a sleep-out for any time at all - it's income. https://www.ird.govt.nz/campaigns/20...ml?id=homepage

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