News
Tax changes from the 2017 Budget
The Government’s $2 billion per year Family Incomes Package will make changes to tax thresholds, Working for Families and the Accommodation Supplement to help Kiwi families get ahead, Finance Minister Steven Joyce says. “It is important that Kiwi families directly share in the benefits of New Zealand’s economic growth,” Mr Joyce says. “The Family Incomes Package is carefully designed to especially ...
Retailers put on alert about using misleading pricing
11 May 2017 The Commerce Commission is today publishing an open letter to retailers, highlighting pricing practices which might breach the law, and offering guidance on how to avoid them. Complaints about pricing were the single biggest category of complaint received by the Commission last year, and currently pricing is a particular area of focus for the Commission’s compliance education and enforcement ...
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 ...