News
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 ...
Have your say! Complete the Employment NZ survey today
Employment NZ are always interested to get your feedback on the services they provide and would like to know what you thought about your most recent interaction with them. At Employment New Zealand they want to provide the best service to their clients and make sure that your needs and expectations are met. They would like to invite you to complete ...
New anti-money laundering laws introduced
A Bill to tackle money laundering and terrorist financing has been introduced to Parliament today by Justice Minister Amy Adams. The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill will bolster New Zealand’s existing anti-money laundering laws, which help protect businesses and make it harder for criminals to profit from and fund illegal activities. “This puts in place the second phase ...
Early payment income tax discount
A 6.7% discount of tax is available to encourage individuals who begin receiving self-employed or partnership income to pay tax voluntarily in the year before they begin paying provisional tax. This will relieve the financial strain they face when they begin paying provisional tax and have two years' worth of tax payments to make, namely, income tax for the prior ...