{"id":9461,"date":"2020-07-23T11:42:20","date_gmt":"2020-07-22T23:42:20","guid":{"rendered":"https:\/\/www.reckon.com\/nz\/?page_id=9461"},"modified":"2025-01-14T15:03:47","modified_gmt":"2025-01-14T03:03:47","slug":"tax-compliance","status":"publish","type":"page","link":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/","title":{"rendered":"Reckon One – Tax Compliance"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”HEADER” module_id=”header-plain” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”0px||||false|false” pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_text content_tablet=”<\/p>\n

The ecommerce platform for small business<\/h1>\n

All the features you need to start and scale your online business from one simple place.<\/p>\n

” content_phone=”<\/p>\n

The ecommerce platform for small business<\/h1>\n

All the features you need to start and scale your online business from one simple place.<\/p>\n

” content_last_edited=”off|desktop” admin_label=”Tax compliance” _builder_version=”4.16″ global_colors_info=”{}”]<\/p>\n

Tax Compliance<\/h1>\n

Stay up to date with the latest compliance changes and legislation with Reckon One.[\/et_pb_text][et_pb_button button_url=”https:\/\/www.reckon.com\/nz\/accounting-software\/#pricing” button_text=”Try Reckon One for free” admin_label=”Try Reckon One for free” _builder_version=”4.16″ saved_tabs=”all” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”FEATURES” module_id=”features” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” module_class=”reverse-on-mobile” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_image src=”https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/what-is-compliance.png” alt=”What is compliance? Compliance refers to regulations established by the New Zealand government, which every business owner needs to abide by to avoid penalties. It includes GST returns, record keeping and more. You will need to lodge your submissions with the IRD throughout the year to meet the regulatory requirements and remain compliant.” title_text=”What Is Compliance” align=”center” _builder_version=”4.27.4″ hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_text admin_label=”What is compliance?” _builder_version=”4.16″ global_colors_info=”{}”]<\/p>\n

What is compliance?<\/h2>\n

Compliance refers to regulations established by the New Zealand government, which every business owner needs to abide by to avoid penalties. It includes GST returns, record keeping and more. You will need to lodge your submissions with the IRD throughout the year to meet the regulatory requirements and remain compliant.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ module_class=”twocol-img-textcol” _builder_version=”4.16″ custom_padding=”|||40px|false|false” custom_padding_tablet=”|||0px|false|false” custom_padding_phone=”” custom_padding_last_edited=”on|phone” pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_text admin_label=”GST return” _builder_version=”4.16″ global_colors_info=”{}”]<\/p>\n

GST return?<\/h2>\n

Did you know your business has to register for GST if the turnover (sales and income) is $5000 or more per month?<\/p>\n

Once registered, you will need to lodge a monthly, bi-monthly or 6-monthly GST return with the Inland Revenue throughout the year to determine the amount of GST you have to pay or claim.<\/p>\n

It\u2019s due on the 28th of every month except for the periods ending 30 November (due 15 January) and 31 March (due 7 May).[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_image src=”https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/gst-return.png” alt=”GST return? Did you know your business has to register for GST if the turnover (sales and income) is $5000 or more per month? Once registered, you will need to lodge a monthly, bi-monthly or 6-monthly GST return with the Inland Revenue throughout the year to determine the amount of GST you have to pay or claim. It\u2019s due on the 28th of every month except for the periods ending 30 November (due 15 January) and 31 March (due 7 May).” title_text=”Gst Return” align=”center” _builder_version=”4.27.4″ hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” module_class=”reverse-on-mobile” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_image src=”https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/Invoice-document-storage.png” alt=”Record keeping & reporting As a business owner, you are required to keep records for 7 years including income and expense records, end of financial year records and more. The records need to be held even if your business is no longer trading. Making your tax records digital can help ensure you have correct records. Plus, you can use this data to create accurate GST101 reports with the required info for lodgements with the IRD.” title_text=”Invoice Document Storage” align=”center” _builder_version=”4.27.4″ global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ module_class=”twocol-img-textcol” _builder_version=”4.16″ custom_padding=”|||40px|false|false” custom_padding_tablet=”|||0px|false|false” custom_padding_phone=”” custom_padding_last_edited=”on|phone” pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_text admin_label=”Record keeping & reporting” _builder_version=”4.16″ global_colors_info=”{}”]<\/p>\n

Record keeping & reporting<\/h2>\n

As a business owner, you are required to keep records for 7 years including income and expense records, end of financial year records and more.<\/p>\n

The records need to be held even if your business is no longer trading.<\/p>\n

Making your tax records digital can help ensure you have correct records.<\/p>\n

Plus, you can use this data to create accurate GST101 reports with the required info for lodgements with the IRD.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”off|desktop” _builder_version=”4.16″ collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ header_2_text_align=”center” text_orientation=”center” width_last_edited=”off|desktop” module_alignment=”center” module_alignment_last_edited=”off|desktop” global_colors_info=”{}”]<\/p>\n

How can Reckon One help you be compliant with the IRD?<\/h2>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ module_class=”blurb-icon” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_blurb title=”Always be updated with the latest compliance changes” image=”https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2020\/03\/sync-alt.svg” alt=”Always be updated with the latest compliance changes” _builder_version=”4.16″ header_level=”h2″ header_text_align=”center” global_colors_info=”{}”]<\/p>\n

Legislation can change from year to year, which makes it hard for a busy business owner to keep track. With\u00a0Reckon One<\/a>, all regulatory compliance changes are automatically updated.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_blurb title=”Do your taxes correctly” image=”https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2020\/03\/calculator.svg” alt=”Do your taxes correctly” _builder_version=”4.16″ header_level=”h2″ header_text_align=”center” global_colors_info=”{}”]Easily track your income, expenses and GST in Reckon One, and create accurate GST101 reports for your lodgments with the IRD \u2013 helping you avoid any fines.[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_blurb title=”Get your books in order” image=”https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2020\/03\/books-medical.svg” alt=”Get your books in order” _builder_version=”4.16″ header_level=”h2″ header_text_align=”center” global_colors_info=”{}”]Successfully manage your financial info all in one place with Reckon One. It\u2019s easy to use and has an intuitive interface with simple data entry. Reckon One also provides a read-only version of your data at no cost for 7 years.[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”CTA” module_class=”cta” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row column_structure=”3_5,2_5″ make_equal=”on” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_text admin_label=”Try our online accounting software free today” _builder_version=”4.27.4″ background_layout=”dark” text_orientation_tablet=”center” text_orientation_phone=”” text_orientation_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n

Try Reckon One free today<\/h2>\n

See how Reckon One can help your business be compliant with the IRD.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.16″ pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}”][et_pb_button button_url=”https:\/\/www.reckon.com\/nz\/accounting-software\/#pricing” button_text=”Start 30-day free trial” button_alignment=”center” _builder_version=”4.27.4″ custom_margin_tablet=”35px||||false|false” custom_margin_phone=”” custom_margin_last_edited=”on|phone” saved_tabs=”all” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Tax Compliance Stay up to date with the latest compliance changes and legislation with Reckon One.What is compliance? Compliance refers to regulations established by the New Zealand government, which every business owner needs to abide by to avoid penalties. It includes GST returns, record keeping and more. You will need to lodge your submissions with […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":491,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"difl_page_category":[],"class_list":["post-9461","page","type-page","status-publish","hentry"],"yoast_head":"\nTax Compliance for Businesses | Accounting Software | Reckon NZ<\/title>\n<meta name=\"description\" content=\"Stay up to date with the latest compliance changes and legislation with Reckon One, and help ensure you are compliant with the IRD all year round.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reckon One - Tax Compliance\" \/>\n<meta property=\"og:description\" content=\"Stay up to date with the latest compliance changes and legislation with Reckon One, and help ensure you are compliant with the IRD all year round.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/\" \/>\n<meta property=\"og:site_name\" content=\"Reckon NZ\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/reckonhq\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-14T03:03:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/Short-Logo-copy.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@ReckonHQ\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/accounting-software\\\/tax-compliance\\\/\",\"url\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/accounting-software\\\/tax-compliance\\\/\",\"name\":\"Tax Compliance for Businesses | Accounting Software | Reckon NZ\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/#website\"},\"datePublished\":\"2020-07-22T23:42:20+00:00\",\"dateModified\":\"2025-01-14T03:03:47+00:00\",\"description\":\"Stay up to date with the latest compliance changes and legislation with Reckon One, and help ensure you are compliant with the IRD all year round.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/accounting-software\\\/tax-compliance\\\/#breadcrumb\"},\"inLanguage\":\"en-NZ\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.reckon.com\\\/nz\\\/accounting-software\\\/tax-compliance\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/accounting-software\\\/tax-compliance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accounting Software\",\"item\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/accounting-software\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reckon One – Tax Compliance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/#website\",\"url\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/\",\"name\":\"Reckon NZ\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-NZ\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/#organization\",\"name\":\"Reckon NZ\",\"url\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-NZ\",\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Short-Logo-copy.png\",\"contentUrl\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Short-Logo-copy.png\",\"width\":800,\"height\":800,\"caption\":\"Reckon NZ\"},\"image\":{\"@id\":\"https:\\\/\\\/www.reckon.com\\\/nz\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/reckonhq\\\/\",\"https:\\\/\\\/x.com\\\/ReckonHQ\",\"https:\\\/\\\/www.instagram.com\\\/reckonhq\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/reckon\\\/\",\"https:\\\/\\\/www.youtube.com\\\/user\\\/Reckonltd\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Reckon_(company)\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tax Compliance for Businesses | Accounting Software | Reckon NZ","description":"Stay up to date with the latest compliance changes and legislation with Reckon One, and help ensure you are compliant with the IRD all year round.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/","og_locale":"en_US","og_type":"article","og_title":"Reckon One - Tax Compliance","og_description":"Stay up to date with the latest compliance changes and legislation with Reckon One, and help ensure you are compliant with the IRD all year round.","og_url":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/","og_site_name":"Reckon NZ","article_publisher":"https:\/\/www.facebook.com\/reckonhq\/","article_modified_time":"2025-01-14T03:03:47+00:00","og_image":[{"width":800,"height":800,"url":"https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/Short-Logo-copy.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@ReckonHQ","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/","url":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/","name":"Tax Compliance for Businesses | Accounting Software | Reckon NZ","isPartOf":{"@id":"https:\/\/www.reckon.com\/nz\/#website"},"datePublished":"2020-07-22T23:42:20+00:00","dateModified":"2025-01-14T03:03:47+00:00","description":"Stay up to date with the latest compliance changes and legislation with Reckon One, and help ensure you are compliant with the IRD all year round.","breadcrumb":{"@id":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/#breadcrumb"},"inLanguage":"en-NZ","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.reckon.com\/nz\/accounting-software\/tax-compliance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accounting Software","item":"https:\/\/www.reckon.com\/nz\/accounting-software\/"},{"@type":"ListItem","position":2,"name":"Reckon One – Tax Compliance"}]},{"@type":"WebSite","@id":"https:\/\/www.reckon.com\/nz\/#website","url":"https:\/\/www.reckon.com\/nz\/","name":"Reckon NZ","description":"","publisher":{"@id":"https:\/\/www.reckon.com\/nz\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.reckon.com\/nz\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-NZ"},{"@type":"Organization","@id":"https:\/\/www.reckon.com\/nz\/#organization","name":"Reckon NZ","url":"https:\/\/www.reckon.com\/nz\/","logo":{"@type":"ImageObject","inLanguage":"en-NZ","@id":"https:\/\/www.reckon.com\/nz\/#\/schema\/logo\/image\/","url":"https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/Short-Logo-copy.png","contentUrl":"https:\/\/www.reckon.com\/nz\/wp-content\/uploads\/2025\/01\/Short-Logo-copy.png","width":800,"height":800,"caption":"Reckon NZ"},"image":{"@id":"https:\/\/www.reckon.com\/nz\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/reckonhq\/","https:\/\/x.com\/ReckonHQ","https:\/\/www.instagram.com\/reckonhq\/","https:\/\/www.linkedin.com\/company\/reckon\/","https:\/\/www.youtube.com\/user\/Reckonltd","https:\/\/en.wikipedia.org\/wiki\/Reckon_(company)"]}]}},"_links":{"self":[{"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/pages\/9461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/comments?post=9461"}],"version-history":[{"count":0,"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/pages\/9461\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/pages\/491"}],"wp:attachment":[{"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/media?parent=9461"}],"wp:term":[{"taxonomy":"difl_page_category","embeddable":true,"href":"https:\/\/www.reckon.com\/nz\/wp-json\/wp\/v2\/difl_page_category?post=9461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}