Our Articles

January 30, 2019
Mapping out the next 12 months for your business is as easy as one, two, three. Follow Fiona Clark’s three-step approach to business planning. And the time to do it is now. It’s the beginning of the year and some business owners have returned from their holidays, have spent time with family and…
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January 30, 2019
How to give Notice to Your Tenant There are two types of tenancy agreements which a landlord and tenant can enter into: periodic tenancy and fixed term tenancy. Periodic tenancy has no fixed end date, while a fixed term tenancy has a specified end date. To end a periodic tenancy, a landlord must…
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January 30, 2019
Especially due to changes in the law that come into force in May 2019, it's crucial to understand the difference between trial periods and probationary periods and why the distinction matters between trial periods and probationary periods They are different “animals” First, a trial period as…
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January 30, 2019
Inland Revenue is advising customers to always use its secure online services to update bank details and avoid scammers who target Kiwi taxpayers. Automatic tax refunds are coming this year and in the last month two e-mail scams surfaced asking taxpayers to fill in a form to receive a refund owed…
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January 30, 2019
Life Education was founded in New Zealand by Trevor Grice Life Education has been educating and empowering kids for over 30 years in New Zealand. Founder Trevor Grice originally visited Australia to see if the programme could work well in Aotearoa. Three decades on and the programme visits a…
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January 30, 2019
We have recently received a letter from IRD on a client behalf (nothing new in that) but it’s the first time we have seen a letter headed - ACT NOW TO AVOID LOSING YOUR ELIGIBILITY TO AN INTEREST FREE STUDENT LOAN The letter goes on to say… The condition of being granted this is that you…
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January 30, 2019
From 1 April 2019 employers must: file employment information every payday instead of an Employer monthly schedule (IR348)provide new and departing employees' address information, as well as their date of birth - if they have provided it to you, and file electronically (from payday compatible…
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November 29, 2018
No secrets, no surprises. Travel insurers have revealed a spike in queries about pre-existing conditions in the wake of a high-profile case in which a woman didn't receive a payout after failing to reveal a pre-existing bowel condition.Abby Hartley died in a Hospital in Bali after becoming ill from…
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November 29, 2018
When someone in New Zealand dies without a will, dealing with their estate is more complicated than if they had died with one. Dying without a will is called “dying intestate”. When you have made a valid will, in it you decide who will deal with your estate and how your assets will be…
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November 29, 2018
The Potential Issue for all Businesses Business contracts and business conduct, especially in relation to consumers but also in relation to B2B contracts, have been subject to much attention by the Commerce Commission (CC). That sounds a warning to businesses of all kinds and sizes to ensure that…
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November 29, 2018
A Hastings couple, who operated dairies, restaurants and other businesses, have been sentenced to prison and home detention on tax evasion charges totalling nearly a million dollars.Rakesh and Nalini Kumar operated Red Chilli Restaurants and Take Away in Taradale and Indian Palace Restaurant in…
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November 29, 2018
Inland Revenue kicks off a major public information campaign to tell New Zealanders what the biggest changes to the tax system in a generation will mean for them. Almost every household and business will be affected and the campaign, including print, radio and online advertising, a website, and…
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November 29, 2018
The summer holidays offer a good opportunity to get together and discuss plans for your family business. But there are some rules you should follow to make sure it’s only the barbeque that gets heated! Dinner discussions: Why they're important Working in any family business – where two or more…
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November 29, 2018
Earlier this year the Government announced its intention to change the GST treatment of low-value imported goods. Although not a new tax, this proposal has been called the “Amazon tax” in the media, because overseas internet-based retailers, such as Amazon, are the target of the rule change. The…
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November 29, 2018
In December 2017, we published “introducing a better way to invoice”, our first blog on the development of your new, better way to invoice – being more intuitive, reducing clutter, and saving time by automatically taking care of accounting information for you. We’ve been listening to feedback…
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November 2, 2018
Traders must take seriously their terms of trade and other forms of contract to ensure that they don’t contain unfair contract terms. Traders should also ensure that they don’t engage in misleading or deceptive conduct in trade. The Commerce Commission is policing these matters with some vigour –…
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November 2, 2018
The days of being able to pay your tax bill with a post-dated cheque are coming to an end as Inland Revenue moves with its customers, away from cheques towards electronic payments. Inland Revenue spokesperson Meade Perrin says the plan is to stop accepting post-dated cheques in February next…
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November 2, 2018
A plasterer and seller of health food supplements who aligned himself with anti-tax movements has been given home detention for tax evasion.David John Buisson, 69, of Whangamata was sentenced in the Tauranga District Court to 12 months home detention and 300 hours of community work for evading the…
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November 2, 2018
A general principle of the Companies Act 1993 (the Act) is that the board of directors is appointed to manage and control the day-to-day operations of a company without having direct interference or oversight by shareholders (the owners of a company). However, some decisions may substantially change…
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November 2, 2018
"Sellers were out in force on the market today after negative news on the economy." It’s a common line in TV finance reports. But have you ever wondered that if there are so many sellers out there, who is buying? The notion that in down days sellers outnumber buyers doesn’t make sense. What the…
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