I need someone who has good understanding about NZ and Aussie TAX, Banking and business. I have a few questions similar as
1. How to keep separate personal and business bank account when just starting ? 2. When I need a business account it's just a part time business 3. Can I just use personal bank account for business purchase or expenses ? 4. When do you treat it business or personal hobby based income as it's not even making much money 5. How to setup business financial structure if it's internet based business ( customer, product and expenses ) 6. How much I pay as tax for income other then my normal salary income ?
is it make sense ? I have a few more let me know if you interested to help. Budget $30 1 to 2 hours max, if you know it above all should take much time to answer.
I am a qualified accountant with experience working in both Australia and New Zealand. I also have a small business selling hand made jewellery so can personally identify with the types of queries that you have.