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Property manager to pay damages after failing to comply with Improvement Notice

Property Management Wellington Limited has been ordered by the Tenancy Tribunal to pay $2,000 in exemplary damages to the Ministry of Business Innovation and Employment (MBIE), after failing to comply with an Improvement Notice. This case is the first time the Tenancy Compliance and Investigations Team (TCIT) has taken a case to the Tenancy Tribunal for failure to comply with an ...

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Tax Talk Newsletter Spring 2023

Managing your Tax Obligations whilst Growing your Business We've heard it many times, there are two certainties in life - death and taxes. Everybody has to pay Tax. For the self-employed, paying taxes can potentially destroy your business unless you learn to manage it. So here are a couple of tips on how to manage your tax payments and at the same time ...

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Tax policy shielding households and businesses from decade-high inflation

Tax policy has played a central role as governments sought to shield households and businesses from the impact of decade-high inflation levels, according to a new OECD report. The report, “Tax Policy Reforms 2023”, describes tax reforms announced and enacted in 2022 across 75 jurisdictions of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting, including all OECD countries. It ...

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How to handle inflation as a sole trader

Sole traders have had an especially difficult few years as inflation surges. We’ve got three tips to help lighten the load for your sole trader business. As inflation began surging in early 2022, sole traders were initially able to offset the effects by changing their clients more. But their ability to keep up was limited: as of March this year, we ...

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