News

2021 Law Changes Round-up

Sick leave changes When: From 24 July 2021 What: The number of sick leave days employees are entitled to will increase from five to 10. Employees will get the extra five days when they reach their next entitlement date – either after being employed in a job for six months or on their sick leave entitlement anniversary (12 months after they were ...

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Bookkeeping for your Rental Property

If you're not sure how to manage the accounting side of your rental property, we have some suggestions... Watch the video and Stephen will explain. Start here and you'll have a pretty tidy way to keep on top of the bookkeeping for your rental! Link to the spreadsheet mentioned in the video: https://www.stephenlarsenandco.co.nz/.../rental-property-cashflow-vs-profit.xlsx Need assistance with meeting your tax return obligations as a residential ...

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How to protect your business from being held to ransom

Ransomware attacks can cause huge disruptions to your business, including loss of income, customer trust and resources. See the simple steps you can take to protect your business from a ransomware attack and how to react if you’re targeted. What is ransomware? Ransomware is a type of malicious software (malware) that encrypts files and stops you from being able to access your ...

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APEC finance ministers and business leaders discuss COVID-19 recovery

Finance ministers and business leaders from across the APEC region have connected to discuss the ongoing response to COVID-19. The Informal Ministerial Meeting with Asia-Pacific Economic Cooperation Business Advisory Council (ABAC) business leaders was hosted by the New Zealand Minister of Finance and Deputy Prime Minister Grant Robertson, who is Chair of the APEC Finance Ministers' Process for 2021. “Partnerships between government, ...

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Interest deductibility consultation launched

On 23 March, the Government announced that deductions for interest expenses on rental properties will be restricted from 1 October 2021. The Ministers of Finance and Revenue today released a public consultation document seeking feedback on a range of design issues for implementing that proposal, including: Interest on a mortgage on a residential investment property (acquired before 27 March 2021) will ...

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