New Business - Self Employed - WFF
Printed From: OHbaby!
Category: General Chat
Forum Name: General Chat
Forum Description: For mums, dads, parents-to-be, grandparents, friends -- you name it! And you name the topic you want to chat about!
URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=43241
Printed Date: 29 July 2025 at 12:30pm
Software Version: Web Wiz Forums 12.05 - http://www.webwizforums.com
Topic: New Business - Self Employed - WFF
Posted By: flakesitchyfeet
Subject: New Business - Self Employed - WFF
Date Posted: 28 April 2013 at 1:08pm
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Hi! I'm a mother of two, and an ECE teacher. My husband is a PhD student on full scholarship, but no taxable income. I'm about to become self employed, but can someone tell me please, how do you process / sort out working for families? Is it as complicated as it feels? TIA :) -------------  http://lilypie.com"> |
Replies:
Posted By: Stoked
Date Posted: 28 April 2013 at 1:23pm
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Give them a call, they will probably want your accountant to send them a forecast of your earnings. They made it feel really complicated for us and I couldn't be bothered - on the plus side it gets paid out in a lump sum to us in July and it's nice to know we're getting a wahoo :-) ------------- http://lilypie.com" rel="nofollow">  http://lilypie.com" rel="nofollow">
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Posted By: AandCsmum
Date Posted: 28 April 2013 at 11:59pm
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I estimate how much my DH will earn in a year AND way over estimate it so we got some each week & then the rest lump sum at the end of the year. You will need to have his full accounts put through from your accountant to the IRD before you can finalise your WFF this automatically happens for everyone else around july but we've never had it done then, it'll depend on when everything is complete. It's not that hard if you can estimate your income, if you can't then put it on lump sum. ------------- Kel http://lilypie.com"> 
A = 01.02.04 & C = 16.01.09 & G = 30.03.12 |
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Date Posted: 30 August 2020 at 8:36am
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Date Posted: 24 December 2020 at 3:59pm
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