Privacy Act Overhaul – What You Need to Know
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From 1 December 2020, businesses must adhere to the updated laws in the Privacy Act. The updates reflect changes in the way business is conducted online as well as offline.…
New trusts legislation coming in 2021
By estimation there are around 400,000 trusts in New Zealand. Because trusts are such an integral part of our society, an overhaul of the law was necessary. The new Trusts…
Update: Companies Office fees and levies are changing
Annual return and company registration fees paid after 1 September 2020 will include an insolvency practitioner regulatory regime levy. This means the company annual return fee will increase by $1.00+GST.…
AML/CFT – what is it and what does it mean for me?
As of today Accountants will now come under the obligations of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (or AML/CFT). What is AML/CFT? Each year 1.35 billion dollars of fraud…