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Courses/Accounting & Tax/Tax Planning & Compliance

Employees & Contractors Tax Considerations

Clarify roles, responsibilities, and tax compliance in New Zealand.

Created byTEO Training
5.0
(3 reviews)
BeginnerUpdated Jan 16, 2025
Employees & Contractors Tax Considerations

What You'll Learn

check_circleDetermine whether you have engaged a contractor or an employee for tax purposes.
check_circleUnderstand how certain remuneration types are likely to be taxed.
check_circleDetermine what, if any, tax obligations you have in relation to that worker.
check_circleNavigate allowances, reimbursements, and deductions specific to contractors and employees.

About This Course

Understanding the difference between employee and contractor is key for any business engaging workers. It is key for leave, disputes, the ability to remove a worker, and for determining which taxes need to be accounted for and when.

The tax treatment generally follows employment law. However, there are some exceptions to this approach, which we will cover in this webinar.

We will also explore recent employment law cases regarding the employee/contractor distinction. These cases focus on the construction and courier industries but have relevance for many other industries.Various taxes can apply to payments made to contractors and employees.

Specifically:

  • Pay-As-You-Earn (PAYE)
  • Fringe Benefit Tax (FBT)
  • Employer Superannuation Contribution Tax (ESCT)
  • Schedular withholding
  • Goods and Services Tax (GST)

We will cover some of the payment structures, including remuneration in shares, goods, or services, as well as cash.

 

Suitable for: Human Capital teams, payroll teams, CFOs, in-house finance teams, accountants, employment lawyers, and recruiters.

Your Instructors

TEO Training
TEO Training
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star214 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Richard  Muth
Richard Muth

Senior Manager – Tax Advisory, Findex/Crowe

Richard Muth is an experienced taxation practitioner at Findex/Crowe, with more than 10 years of experience, working with clients ranging from large multinational groups, Australasian groups, New Zealand-based SMEs, along with high net worth individuals. A core specialty of Richard’s is helping expatriates and their employers understand and manage their tax implications and obligations.

Credit Information

What Students Are Saying

5.0
Student's Choice
3 reviews

Frequently Asked Questions

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