About this Guide

A tax record includes any information or document about sales, income, and expenses, assets and liabilities. You use your records to fill in tax returns and finalise your tax.

When to use this guide

Records make it easier to:

• work out your income and expenses
• work out your GST if you’re GST registered
• meet your employer obligations if you have staff
• confirm your accounts.

If IRD audit you, they’ll check these records.

Records must be in English or Māori, unless IRD have given you written authority to keep them in another language.

You need to keep these records for at least 7 years.

This page is also available in: 简体中文