News
COVID-19: Vaccination information for employers
COVID-19 vaccinations and your workers See what you can and can’t do when it comes to COVID-19 vaccinations and your workers. The business benefits of vaccination Covid-19 has created huge challenges for business owners. See the latest information on the vaccine, its rollout, and what you can do to help make it effective. As a business owner you know that a community resurgence of ...
Managing your working capital
Managing your working capital Getting your head around key numbers, like your working capital, can help you spot risks and know when you’re in a financial position to jump on an opportunity. Find out more. What is working capital? Working capital is the money your business uses for day-to-day operations. It’s those assets that can easily be turned into cash (eg stock), minus ...
Watch videos on Cartel Criminalization
Cartel criminalisation New law means that from April 2021 cartel conduct could be punished with up to 7 years' imprisonment. Watch these videos here: https://comcom.govt.nz/business/avoiding-anti-competitive-behaviour/what-is-cartel-criminalisation What is a cartel? A cartel is where two or more businesses agree not to compete with each other. This conduct can take many forms, including price fixing, allocating markets, rigging bids or restricting output of goods and services. See ...
Tax Talk Newsletter Autumn 2021
Tax shakeup for business sales Proposals in the new tax Act will mean sellers of a business must notify buyers and Inland Revenue about the amounts they have allocated for various assets. If they don’t do this there will be rules about how this is to be handled. Also, Inland Revenue will be able to interfere with the figures, if it thinks the ...
The minimum wage is increasing on 1 April 2021
As a business owner or manager, you need to be ready for the increase in minimum wage rates from Thursday,1 April 2021. The adult minimum wage will go up, from $18.90 to $20.00 gross per hour, and the starting-out and training minimum wage will go up from $15.12 to $16.00 gross per hour. Employment New Zealand has information to help you prepare.If ...