News
A labour inspector (might) call
Enforcement of employment standards When: 1 April 2016 What: Changes will strengthen the enforcement of minimum employment standards, eg minimum wage and holidays entitlements. These include a new infringement notice regime, clearer record-keeping requirements, and tougher sanctions for the most serious breaches, such as exploitation. Why: To help protect vulnerable workers and to make sure workplaces are fair and competitive.Read more about ...
Minimum wage gets 50c hike
The adult minimum wage is going up from $14.75 an hour to $15.25, with the starting-out and training rates rising too. Here’s what you’ll need to know for your business. When: 1 April 2016 What: The new minimum wage rates are: Adult — $15.25 an hour Starting-out — $12.20 an hour (up from $11.80) Training — $12.20 an hour (up from ...
Warning from IPONZ: Misleading invoices
IPONZ has noticed an increasing amount of unsolicited or fraudulent IP protection, promotion or advertising services being offered to IP holders. If you receive any communication about your IP case from anyone other than: Intellectual Property Office of New Zealand (IPONZ) World Intellectual Property Organization (WIPO) Your appointed IP professional you should treat them with caution. Particularly if they are preparing to charge you a ...
New tax factsheets for entertainment industry
IRD have identified widespread misunderstanding among business owners about entertainer's tax obligations. In particular, schedular payments and the requirement to deduct and account for tax are not well understood. Up to 95% of venue owners didn't know they had tax obligations when making payment to bands and entertainers. If you make payments for services provided that should be taxed under the ...
Guidance on new anti-corruption law
New Zealand has a strong reputation for being free and intolerant of bribery and corruption. In November 2015, the Organised Crime and Anti-corruption Legislation Bill was passed. On 1 December 2015, New Zealand ratified the United Nations Convention Against Corruption. New Zealand's ability to combat corruption is now stronger than ever. To help New Zealand businesses comply with our law, the ...