Cyber security and ensuring you have the appropriate measures in place to keep your information safe online is becoming more imperative as time goes on and the world gets even more tech savvy. Unfortunately, not everyone out there is simply … Continued
Inland Revenue and the Accident Compensation Corporation are calling ‘time’ on cheques. From March next year, IR and ACC will no longer accept payments by cheque from customers who are able to use alternative payment options. IR received more than … Continued
Recently, new legislation has been passed to add more levels of consumer protection around the credit industry. One of those changes removes the ability to pay for credit with credit. This means that finance companies, such as Fee Funders which … Continued
From 1 December 2019, overseas businesses selling low-value goods to consumers in NZ may need to register for, collect and return Goods and Services Tax (GST) of 15%. Low-value goods are those valued at NZ$1,000 or less (exclusive of GST). … Continued
Cashflow is the lifeblood of any business but one of the most difficult things for business owners to control.
Expect an ACC for Employers invoice 9th July.
The ACC levies have been set by regulation for the 2019-20 and 2020-21 tax years. For both tax years the earners’ levy remains the same at $1.39 (GST-incl) per $100 liable earnings. The minimum liable earnings for self-employed workers increases … Continued
The minimum adult wage is set to increase by $1.20 per hour in April. Are you prepared?
FBT, or Fringe Benefit Tax, can be confusing at the best of times, especially if you are a small to medium business with a handful of employees. Recently we’ve had clients asking if they can pay for certain items and … Continued
I’m making sales, woo hoo! Now what? We often are asked, “When should I register for GST?” It’s good to know that you don’t have to register for GST just because you start trading and selling goods and/or services. You … Continued