Minimum wage – issues for farming businesses

Minimum wage – issues for farming businesses

From 1 April 2022 the minimum wage rates increase. The rates for adult workers are: Hourly: $21.20 ($16.96 for Starting-out workers/Trainees) Daily (based on an 8-hour day): $169.60 ($135.68 for Starting-out workers/Trainees) Weekly (based on a 40-hour week): $848...
Farm accounting – 10 tips

Farm accounting – 10 tips

Farming businesses have unique accounting needs. The specific challenges you face in running a successful and thriving farm, require tailored business advice that goes beyond simply tax and accounting needs. Not many other businesses rely on living produce and have so...

Farming – ACC & Passive Income

For farming clients who are in the process of moving away from the day-to-day farming activities, the question of whether they are still actively farming comes up annually when the ACC invoice arrives. This tends to affect older clients who may have employed a 50/50...