1 April 2019, the Minimum Wage is being lifted
April is not too far away now, so a perfect time to remind you, especially if you’re an employer, that the minimum wage increases to $17.70 an hour on 1 April 2019 – an increase of $1.20 per hour (or…
Payday Filing
It doesn't have to mean extra work for the Employer If you are an employer, you’ve likely heard about Payday filing by now. If you haven’t, you best get up to speed quickly (go to our website www.mba.net.nz and search…
How to enjoy all the bells and whistles without the tax headache
Parties and gifts are all part of the festive fun but they can cost a small fortune. Here’s a list of the rules around entertainment expenses so you know what’s deductible and non-deductible before you fork out for your staff…
Are you in charge of keeping the office or work-site safe?
Locking the doors is one thing but you need to take extra steps to ensure your workplace is safe and secure before you head away this Christmas. The last thing you want is for someone to access your work space…
Payday Filing – Important for all Employers
No doubt you have seen the advertisements from Inland Revenue encouraging all employers to sign up to Payday filing today. Please find below some key points you may wish to consider: What is Payday filing? Refer to https://www.ird.govt.nz/campaigns/2018/campaign-payday-filing.html It is…
ACC Refunds are making news
ACC Adjustments You may have seen information in the media regarding ACC refunds. Shareholder ACC – Our firm already has a procedure in place to check if any of our clients are entitled to an ACC refund. We started doing this…
To Claim or Not To Claim
Planning a summer business trip with a personal holiday tacked on the end? Renting out the bach and unsure what expenses can be claimed? Whatever your situation, we want to make sure you’re getting the expense claim tax break you’re…
Rental Losses to be Ring Fenced
Inland Revenue has announced an intention to ring fence Losses from Rental Properties- It’s not law yet but is expected to be pushed through from the 2020 Income tax year (After 1 April 2019). Basically any losses from rental properties…
Quick Cash Flow Tip
Cash flow is the lifeline of your business. You know you need enough fuel in the tank to start your business engines each and every day. In practice, this means you have to be disciplined. You or someone you appoint…
Anti-Money Laundering Rules
If you have dealt with a bank, lawyer or share broker recently you will have noticed a lot more questions and a fair bit more paperwork. This is due to new rules that have come into place and that now…
