News
Options for providing accommodation for your employees
Options for providing accommodation for your employees As an employer, you may wish to provide accommodation for your employees while they are employed with you. To obtain a property to use for a service tenancy, you could enter a lease under the Property Law Act 2007 for a property with the property owner with the intention of providing that property for ...
Time to review your customer contracts
Unsure about whether your contracts comply with the Fair Trading Act? If you have customer contracts, for example for rental accommodation or vehicle hire, they must be fair under the law. You need to take special care when entering into what are referred to as ‘standard form contracts’ with customers. These could include contracts for flights or rental accommodation, vehicle hire, gym ...
Property manager to pay damages after failing to comply with Improvement Notice
Property Management Wellington Limited has been ordered by the Tenancy Tribunal to pay $2,000 in exemplary damages to the Ministry of Business Innovation and Employment (MBIE), after failing to comply with an Improvement Notice. This case is the first time the Tenancy Compliance and Investigations Team (TCIT) has taken a case to the Tenancy Tribunal for failure to comply with an ...
Tax policy shielding households and businesses from decade-high inflation
Tax policy has played a central role as governments sought to shield households and businesses from the impact of decade-high inflation levels, according to a new OECD report. The report, “Tax Policy Reforms 2023”, describes tax reforms announced and enacted in 2022 across 75 jurisdictions of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting, including all OECD countries. It ...
How to handle inflation as a sole trader
Sole traders have had an especially difficult few years as inflation surges. We’ve got three tips to help lighten the load for your sole trader business. As inflation began surging in early 2022, sole traders were initially able to offset the effects by changing their clients more. But their ability to keep up was limited: as of March this year, we ...