Sole Trader Business Questionnaire & Checklist
THIS QUESTIONAIRE MUST BE COMPLETED ALONG WITH YOUR INDIVIDUAL (IR3) QUESTIONAIRE
Complete this secure online questionnaire to help Guardian Accounting prepare your sole trader tax return, business income details, expenses, GST information, and supporting records.
What This Sole Trader Questionnaire Is For
Sole trader tax in New Zealand works differently from being an employee. There is no PAYE coming out along the way, so your business income and expenses for the year need to be pulled together and reported in your own tax return. This questionnaire is how Guardian Accounting gathers that information, so your sole trader tax return is accurate and you claim everything you are entitled to.
Most sole traders are not accountants, and they should not have to be. The form walks through income, expenses, vehicle use, home office costs, and GST if it applies, in plain questions rather than accounting language. If something does not apply to you, answer no and move on.
Who Should Complete It
This form is for anyone running a business in their own name rather than through a company. That includes people who:
- Work as a contractor or freelancer
- Run a trade, service, or small business on their own
- Sell goods or services and invoice clients directly
- Earn self-employed income alongside a salaried job
- Have registered for GST as a sole trader
- Started or closed a business during the year
What To Have Ready
The form goes faster if you gather these before you start:
- Your IRD number and bank account details
- Total business income for the year, or your invoicing records
- Business expense records and receipts
- Vehicle logbook or business kilometres travelled
- Home office details if you work from home
- GST returns for the year, if you are registered
