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Thread ID: 79617 2007-05-26 05:24:00 overseas website that makes money markh (12164) PC World Chat
Post ID Timestamp Content User
553237 2007-05-28 02:42:00 so what if my business started on 21st march 2007. do i have to file i tax return by march 2008?

Check with the IRD but I think you will have to file a return for the year ended 31 March 2007.

We aren't the experts so it wouldn't be very wise to rely on advice provided here. Get in touch with either an accountant or the IRD if you want to be sure of getting it right.
FoxyMX (5)
553238 2007-05-28 03:02:00 so what if my business started on 21st march 2007. do i have to file i tax return by march 2008?According to the IRD as of Feb 2005, you don't have to file a return if you just started up and you earned less than $200 of gross revenue in the first financial year. For everything else, you must file a return. If you started on the 27th March 207, then you will need to file your return by July 7th (for the period ending 31st March 2007).

[edit: Feb 2005 was when I asked them, not when this policy applies from.]
Erayd (23)
553239 2007-05-28 06:46:00 Just send them all the money you make. If they want any more, they'll ask for it.

But you do seem to be assuming that you will make money from this original web site business plan. :(

Try entering "dot.com" to Google.
Graham L (2)
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