Because Educators are not employees of A Kidz World and so have no employment relationship, Educators are responsible for any income tax liability on the income they receive.
Under present tax law, Educators are liable for tax on their income less their costs incurred in providing care. This may be either the actual costs, for which full records must be kept, or the "Standard Cost of Care" as set out in IRD's Determination DET001 dated 10th May 2004.
We have direct contact with IRD to help in filling out any tax forms at the end of each financial year.
Educators are also responsible for any ACC levies on their income.
|
