GST Changes for 2023 are coming
No Comments
New laws introduced by the Government, taking effect on 1 April 2023, have modernised the GST rules for invoicing and are set to make record keeping easier. You will no…
GST Changes for 2023 are coming
New Zealand – UK trade deal making exports easier
The Free Trade Agreement (FTA) signed between New Zealand and the United Kingdom in February 2022 makes it easier and cheaper for Kiwi businesses to export to the UK. The…
Whistleblower law changes
What is a whisteblower? An employee who makes a protected disclosure (sometimes called ‘whistle blowing’) when they report serious wrongdoing in the workplace that they reasonably believe is true or likely…
New trust reporting and disclosure requirements
As new trust legislation is introduced, requirements are becoming increasingly complex. From 1 April 2021 new financial summary requirements and detailed reporting requirements were introduced. Financial summary requirements Trusts are…
Fair Pay Agreements
Fair Payment legislation has been introduced into Parliament for submissions. The Fair Payment Agreement system is aiming to bring together employers and unions within a sector to bargain for minimum…
What You Need to Know Before Closing Your Company
If your company goes out of business and you want to apply to remove your company from the Companies Register, you need to meet certain legal obligations under the Companies…
Sick leave entitlement increase
From 24 July 2021 the sick leave entitlement will increase from 5 days to 10 days. Employees will get the extra five days when they reach their next entitlement date.…
What company records do you need to keep?
All companies are required by law to keep and maintain certain records. Depending on the nature of the business, you will need to report to various government agencies about your…
Amendment to Child Support Act
The Child Support Act has been amended to improve fairness and reduce complexity of the scheme. It prevents penalties from mounting up and deterring parents from meeting their obligations. There…
Government proposes changes to the bright-line test, interest deductions & investment property
The Minister of Finance, Hon Grant Robertson, has announced proposed changes for residential property acquired on or after 27 March 2021. The proposed changes include: extending the bright-line test to…