As a driver on Road Ninja, you operate as an independent contractor. While this provides flexibility, it also means you are solely responsible for managing your own taxes, ACC levies, and financial planning for time off.
Managing taxes and ACC
Unlike a standard employee, taxes are not automatically deducted from your pay by Road Ninja. You must calculate and pay your own income tax and ACC levies.
To simplify this, Road Ninja has partnered with Hnry, a digital accountant service designed specifically for independent contractors in New Zealand.
How Hnry Works
Hnry acts as your accountant and tax agent. When you have your Road Ninja earnings paid into your Hnry account:
Hnry calculates and pays exactly the right amount of Income Tax and ACC levies.
They send the remaining balance immediately to your personal bank account.
They file your tax returns for you at the end of the year.
Hnry Fees and Driver Discount
Hnry charges a fee of 1% of the income processed (capped at a maximum annual fee). This works out to just $1 for every $100 you earn.
By signing up through the Road Ninja partnership link, you will receive a $25 credit on your Hnry fees.
👉🏼 Sign up with Hnry here to get started.
Registering for GST
When it comes to GST (Goods and Services Tax), here's what you need to know:
If the total money you earn adds up to NZD $60,000 or more in a year, then you must register for GST. It's a legal requirement.
If your earnings are less than NZD $60,000 per year, it's optional to register for GST.
The information in this article is intended to provide general information and does not constitute legal or tax advice. Always consult with a professional tax advisor or legal counsel to understand your unique circumstances.