Xero welcomes Single Business Number for all NZ businesses

The Hon. Steven Joyce, nbnMinister for Economic Development and The Hon. Craig Foss, Minister of Commerce have today announced a Single Business Number for all businesses by 2017.

The Government has committed to introduce legislation early in the next term that will specify the deadline and extend the ability to allocate the NZ Business Number to all NZ businesses.

Xero will invest to bring the benefits of a Single Business Number to our (already) over 100,000 small business customers in New Zealand. We’re excited by the opportunity for the private sector to work alongside Government to reduce the costs of compliance for small businesses and create entirely new services over the business number that will streamline business.

We’re super proud to have been behind this since the beginning. This next step builds on what we talked about at the launch of the Single Business Number and at Xerocon earlier this year, so we really welcome today’s announcement by the government to broaden and include all businesses, such as sole traders.

Businesses will only have to provide their information once, rather than different information to a host of government agencies – reducing costs and generally making it easier for businesses interacting with government agencies. It’s also very exciting that there is a view to link with similar initiatives in Australia.

Today’s announcement reflects a new wave of thinking that Xero is right behind – working with Government to make life easier for small businesses and give them every opportunity to prosper.

4 Comments

Ben Kepes
July 17, 2014 at 3:24 pm

Having been a part of the original SBN advisory group alongside Rod and execs from NZICA, MYOB and CCH it is awesome to see this finally happen. It’s taken far too longer but better late than never….

Rod Drury
July 17, 2014 at 3:45 pm

Ha, just checked my email. June 09. MYOB, Xero, CCH, Veda, D&B, IoD, NZICA and Ben. Not many of the faces remain in their roles but we finally got there. We must have been around 1000 customers then.

Justin Hygate
July 17, 2014 at 4:44 pm

I seem to recall those meetings also. It will be wonderful when the Companies Office stop showing their old reference number on their registers and genuinely move to the NZBN! Getting there eventually.

Gayle Buchanan
July 17, 2014 at 5:37 pm

thanks so much for that work you guys, certainly will make a difference front line for the bookies

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