News
Four-minute round-up of 2017 law changes
From tax laws for contractors to Easter staffing rules, GST filing to ACC discounts, here’s a summary of what’s new and what’s changed for small businesses and the self-employed — check out which apply to you. Minimum wage rates rise When: 1 April 2017 What: The adult minimum wage rate has gone up 50c to $15.75 an hour. The starting-out and training rates ...
Contractor tax changes: How to get it right
All contractors can have tax deducted from their pay at a rate of their choosing, and some MUST now do this. Check if this applies to you — if you get it wrong, you might find your pay packet is 45% lighter than you expect. Plus we answer your questions about the new tax laws for contractors. A law change means all ...
New edition of 'Upside downside: a guide to risk for savers and investors'
The Reserve Bank today released a new edition of its popular guide to managing the risks involved in saving and investing. ‘Upside, downside: A guide to risk for savers and investors’ was commissioned by the Reserve Bank and written by investment commentator Mary Holm for ordinary New Zealanders. Since original publication in 2012 the guide has received two significant revisions to take ...
April 2017 Minimum wage rises by 50c
The minimum wage is going up from $15.25 to $15.75 per hour. Here’s what you’ll need to know for your business. Minimum wage rises When: 1 April 2017 What: The new minimum wage rates are: Adult — $15.75 an hour Starting-out — $12.60 an hour (up from $12.20) Training — $12.60 an hour (up from $12.20) Starting-out and training minimum wages are 80% of the adult minimum ...
TaxTalk Newsletter Apr / May 17
7 April: Tax payment reminder -This is a further reminder that payments for end-of-year income tax, student loans and overpaid Working for Families Tax Credits for the 2015-16 tax year are due April 7 for all customers with an extension of time. IRD will be sending reminders such as: letters to some customers from 16 March onwards that will direct them to the ...