IRD Letters Regarding Updating Your Tax Code
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Inland Revenue has sent out letters to many of our superannuate clients, suggesting they change their tax codes. These letters are based on the assumption that superannuation is their main…
Paid Parental Leave Changes from July 2020
Paid parental leave has increased from 22 to 26 weeks from 1 July 2020. The ‘keeping in touch’ allowance has increased to 64 hours. These hours allow an employee to…
COVID-19 Bad Debt Write-Offs
Because of the COVID-19 pandemic, the time for writing off bad debts for the 2020 income year has been extended to 30 June 2020. However, while the time frame has been…