4th December 2014
Succession will affect every business at some point. It is completely inevitable, and yet so many businesses don’t have adequate …
11th November 2014
On July 1 KiwiSaver turned 5 years old. Our national KiwiSaver initiative has been a great success, with nearly 2 …
4th November 2014
It is our belief, and the belief of many trust experts that an annual trust meeting to review all of the above matters is not an option but an actual necessity. We are not in the position of professional trustee simply to take a number. We are there to add value.
2nd February 2014
Fringe Benefit Tax may now be payable on such things as grocery and petrol vouchers etc. New rules make charities liable to pay FBT if an employee is given any free benefit which is over 5% of their wages or a total of $1200 a year ($300 quarterly) whichever is the lower figure. The fringe benefit upper limit must also not be exceeded on total staff numbers.
10th January 2014
If you are thinking of moving to Australia and have funds in Kiwisaver the Australian Government has changed legislation to enable New Zealanders to move their funds to a similar Australian scheme which is compatible (not all are).
10th December 2013
The Law has now been passed for changes to expense claims on assets which are used privately but are also used to earn income (mixed use assets) for example holiday baches, planes and boats.
4th November 2013
The IRD just released their annual Compliance Focus document for 2012-2013 to ‘help you get it right’. It outlines how …
1st August 2013
ACC news is good this year. In addition to the rates not being raised there is also the incentive called the Workplace Safety Discount effective from 1st April 2013.
16th July 2013
To encourage employers to take on New Zealand school leavers and young people without jobs who are living on a benefit the Government has introduced a youth wage.
2nd July 2013
The second half of this year will see up to 49% of Meridian Energy shares being offered for sale but this will depend on the state of the market.