by Sarah Brown | Nov 12, 2024 | Business, Staff
Following the introduction of Matariki in 2022, employees in New Zealand get 12 public holidays a year. But what happens if your business needs to stay open on a national holiday? When employees work all or part of a public holiday, businesses must: – pay staff...
by Sarah Brown | Nov 12, 2024 | Advice, Business, Tax
No matter how well you’ve planned in advance of the Christmas flurry or whether you’re still taking care of last-minute items, be aware of what you can claim tax deductions for, or where you might be liable for tax. For instance, in a quick quiz, could you answer...
by Sarah Brown | Nov 12, 2024 | Advice, Business, Tax
The season of giving is on us. While the fun part is thinking about parties and presents, take a moment to remind yourself about the tax rules. If your Christmas giving includes gifts to clients, remember that some gifts will be fully deductible while others will be...
by Sarah Brown | Nov 12, 2024 | Business, Staff
As an employer, it is essential to understand the different types of leave and your employees’ entitlements, including sick leave and bereavement leave. Sick leave Your team members are entitled to 10 days of sick leave per year if they – have been continuously...
by Sarah Brown | Sep 9, 2024 | Advice, Trusts
If you have a family trust or are a trustee for one, be aware of your obligations. The Trusts Act 2019 introduced presumptions that trustees will make basic trust information available to every beneficiary and provide further trust information to beneficiaries on...
by Sarah Brown | Sep 9, 2024 | Advice, Business
Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard your cash...
by Sarah Brown | Sep 9, 2024 | Advice, Business, Tax
It’s always important to manage your tax so that – as far as possible – you don’t owe overdue tax and you aren’t incurring penalties and interest because of it. If any of these applies to you, it’s important to act quickly and talk to us: – if the due date is...
by Sarah Brown | Sep 9, 2024 | Business
[Business confidence soared in August], rising 23 points to +51, the highest level in a decade! Against the backdrop of dire economic outlooks and the [’Survive to ’25’] mantra that’s been so prevalent in business circles, this jump in New Zealand business confidence...
by Sarah Brown | Jul 4, 2024 | Advice, Business, Staff
If you provide employees with mobile phones, laptops, or devices for work, which are used solely for work, you can claim the devices and usage plans as business expenses. Where employees who do not work from home use their own phones or devices for both work and...
by Sarah Brown | Jul 4, 2024 | Business, Farming
Duty-free dairy exports The turn of the year brought a welcome change for New Zealand dairy farmers: all New Zealand dairy products can now enter China duty-free. Duties on milk powder no longer apply following China’s decision to remove the safeguard duties on milk...
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