News
Tax Talk Newsletter Oct / Nov 16
More tax changes afoot - The Inland Revenue Department and the Government have recently introduced a multitude of tax changes. We outline some of the important ones below. More on company cars and FBT From 1 April 2018, the Government is proposing to let close companies (most small companies) calculate the private use of a company car in the same way as a ...
IRD continuing to focus on the Construction Industry
IRD are continuing to focus on the hidden economy and undeclared cash and IRD want to help you get it right from the start. It's important that you remember that undeclared cash is a crime.Earlier this year, IRD ran a campaign targeting the construction sector in Auckland and Queenstown with direct mail and advertising. IRD’s latest advertising campaign will run ...
Consumer law: Footing the bill for faulty products or services
Who is responsible for fixing a product if it breaks after the manufacturer’s warranty or an extended warranty has expired? If you answered “the customer”, you should read on — the good reputation of your business may depend on it. If your business sells, hires or leases products — or supplies services for household or personal use — here’s what the ...
Easter trading: New rules for you and staff
If you’re a shop owner, new rules mean your council may let you open on Easter Sunday. However, you can’t make your employees work that day. When: From Easter 2017 depending on each individual council. When it gets close to Easter 2017, check with your local council. Why: This law change addresses growing demand from the public and retailers to open for ...
How to negotiate personal guarantees — without putting your home at risk
If landlords or suppliers ask for your personal guarantee — a common business practice — your house or other personal assets might be on the line. Learn how you can minimise the risks. Leveraging your home Home loans are one of the most common ways New Zealand small business owners fund their business. There are many perks to taking out a second mortgage ...