What You Need to Know Before Closing Your Company
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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…
New tenancy laws to provide Kiwis with healthier homes
Due to recent law changes all landlords and property managers must include a healthy homes compliance statement in most new or renewed tenancy agreements. You can check here if you…
Preview: Law Changes for 2021
New tax rate for Kiwi’s top earners The new 39% top tax rate bill has made law. From 1 April 2021, Kiwis with a personal income over $180,000 will be…
Pay Equity Update
In July 2020 the Equal Pay Amendment Act (EBPAA) passed through Parliament. The act introduces new requirements for how pay equity claims are processed. It allows workers to make a…
Privacy Act Overhaul – What You Need to Know
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…