Trust Records
What are the core Trust Documents you need to keep, and who should be keeping them? The Trusts Act sets out core trust documents that must be held and who must hold these. The core trust documents are:(a) the trust…
The new unexpected burden on landlords
On 23 March 2021, the government proposed some major tax changes which they believe will fix the housing market and slow down house price increases. These changes will have a major impact on landlords. There are a lot of details…
New 39% tax rate: what next?
New Zealanders earning over $180,000 a year will now pay a 39% tax rate, which came into effect on 1 April 2021. If this includes you, are you aware of how your tax obligations change when it comes to shares,…
COVID-19 – updates for employer and business
Vaccination and employment COVID-19 vaccines will play a critical role in protecting the health and wellbeing of people in New Zealand. Over time, this will enable our social, economic and cultural recovery. Workplaces are a crucial part of making access…
TICKING ITEMS OFF YOUR END-OF-YEAR TAX CHECKLIST THIS MONTH?
We’d like to highlight a number of changes that have come in since COVID-19 hit so you can sail as smoothly as possible into the new financial year. 1. New rules to keep cash flowing If money is a bit…
Keeping you and your staff pain-free in 2021
Whether you and your staff are sitting or standing at work, there are risks to physical and mental wellbeing that can be easily avoided. Here are some top tips from Erin Holland from Active+, who’s an experienced physiotherapist in occupational…
Work visa extensions and changes to visa conditions
Adjustments to visa settings announced by Immigration Minister Kris Faafoi in December 2020 have allowed many migrant workers in New Zealand to stay and work here for longer. Extended by 6 months were visas expiring between 1 January 2021 and…
Dismissing Casual Staff
The nature of a true and legitimate casual relationship between an employee and employer, is that the employer offers work/hours on an irregular basis to the casual employee, who can then choose to accept or decline the offered work/hours. There…
What’s new in the Privacy Act 2020?
The Privacy Act 2020 introduces some new obligations for business and organisations. The changes to the Privacy Act from 1 December 2020 in summary: There is a new privacy principle that covers sending information overseasThere are new rules about letting…
Don’t trip! GST mistakes to avoid
GST can be a thorn in your side but if you understand when it’s due, what to pay, and make the most of your accounting software, you’ll escape unscathed. Here are four of the most common mistakes we see business…