Watch Christopher Luxon speaking on Sustainability etc

Work Safe Chief Executive Nicole Rosie recently caught up with Christopher Luxon, Air New Zealand’s Chief Executive, to talk about leading a large business, the importance of sustainability and how to look after, and get the most out of, your people. Head over to Worksafe website to watch the video now. Source: ...

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TaxTalk Newsletter Spring 2019

Provisional tax changes   Safe harbour from use-of-money interest (UOMI) A law change for provisional tax modifying the existing safe harbour from UOMI came into effect from the 2018 income tax year. It may be affecting some clients provisional tax calculations. The changes increase the safe harbour from $50,000 to $60,000 of residual income tax (RIT) and extend the safe harbour to non-individual taxpayers. When ...

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Calling time on cheques

Earlier this month, you may have seen our announcement that Inland Revenue will be moving away from cheques as we become increasingly digital in the way we work. From 1 March 2020, we will no longer be accepting cheques, including post-dated cheques (dated after 1 March 2020) from customers who are able to use alternative payment options. With cheque usage declining ...

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Protect your business from this common cyber scam

It’s easy to fall for and can go unnoticed. But if you know what to look for and put these four security measures in place, you’ll be in a good position to keep you and your business safe. The scamLast year, CERT NZ received a report from a small business that was receiving emails from an attacker pretending to be a ...

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Company fined $500,000 after elderly man’s death

More than two years after an elderly man died after falling from a mobility scooter on a damaged footpath one of the companies responsible for his health and safety has been fined $500,000. WorkSafe Chief Investigator Hayden Mander said after the sentencing in the Manukau District Court today that the company had obstructed the WorkSafe investigation, and didn’t turn up at ...

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Use-of-money interest (UOMI) rate change

From 29 August 2019 the UOMI rates on underpayments and overpayments of tax changed. The new rates are:  underpayment rate: 8.35% (previously 8.22%) overpayment rate: 0.81% (previously 1.02%) Source: ...

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