News
Tax Talk Newsletter Dec 15 / Jan 16
Tax on Christmas parties and presents - It’s coming up to that time of year when you might be planning a staff Christmas party. It's great for morale and a chance to mark the end of the year. But what are the tax considerations? You may be able to claim as business expenses events such as Christmas functions or giving gifts to ...
Migrant workers: Handy hints for employers
Employing migrant workers can be an option to fill your staffing needs, whether seasonal, temporary or permanent. Stick to the immigration rules and they can really bring benefits to your business. There are simple checks you should make when considering employing a migrant. Check their visa and passport details on Immigration NZ’s online tool VisaView. Job adverts should state applicants must be entitled ...
"Just be honest mate and pay your tax" say tradies
A survey of Auckland tradespeople shows an Inland Revenue campaign highlighting cash jobs has hit home, with four in five believing they’ll get caught if they cheat on their taxes. The survey of nearly 420 tradies followed an advertising campaign in Auckland during April and May, with the message that tradespeople need to declare all their income, including cash, “or risk ...
TPP: What it means for small businesses
Negotiations for the Trans-Pacific Partnership free trade agreement have concluded. The 12 Asia-Pacific countries involved account for 36 per cent of the global economy – but what does it mean for your business? If you export goods or services to Asia-Pacific countries, then you’re not alone. In 2014, TPP countries were the destination for 40 per cent of New Zealand’s goods ...
H&S - What does reasonably practicable mean?
Businesses must always consider first whether they can reasonably eliminate risks. If not they must take reasonably practicable steps to minimise risks under new health and safety laws that take effect next year. But what might this mean for your business? There is a lot of misinformation and confusion about what reasonably practicable means. It DOESN’T mean you have to: do everything humanly ...