What to know about public holidays
Following the introduction of Matariki in 2022, employees in New Zealand get 12 public holidays a year. But what happens if your business needs to stay open on a national holiday? When employees work all or part of a public holiday, businesses must: You can only require a team member to work on a public […]
5 things to remember about annual leave
Managing staff isn’t just about what happens at work; it’s also about managing holidays. As an employer, you’re responsible for keeping accurate up-to-date records about much-deserved time off. Disclaimer: This blog has been carefully prepared, but it has been written in general terms only. The blog should not be relied upon to provide specific information […]
Quick guide to employment basics
Managing your team involves understanding your legal obligations. Here’s a simple rundown of the key employment responsibilities under New Zealand law. Back to basicsUnder New Zealand law, employers must: Rest breaksEmployees need regular rest and meal breaks. For people working eight hours or longer, two 10-minute breaks and an unpaid 30-minute lunch break are required. […]
Digital snapshot: Two tools to help with bookings and payroll
Finding digital tools to boost your business efficiency is easier than ever. In this edition, we highlight two apps that excel at managing bookings and payroll, helping you save time and stay organised. TIMELYWho’s it for?Any business needing a handy appointment management system. It’s especially popular with hair, beauty, and hospitality businesses. What makes it […]
Digital snapshot: Have you refreshed your website lately?
Have regular clients dropped off the face of the earth? Struggling to gain new business online? Your website could be the cause of your problems. The worst thing you can do with your website is to set and forget. Your site should be regularly updated to ensure it features prominently in search engine rankings. If […]
The perks of tax pooling
Keeping a lump of cash aside to pay provisional tax on your Inland Revenue due dates can be challenging for any business, especially if you have cashflow issues and need money on hand. For some companies and sole traders, tax pooling is the perfect solution. What’s tax pooling?Being part of a tax pool provides more […]
Two courses to better your business
Continuous training and improvement can set your business apart from the competition, giving you new tools to take on challenges and attract talent and customers. The Icehouse Leadership Development ProgrammeThe Icehouse is one of New Zealand’s top providers of business training, and its Auckland-based Leadership Development Programme is aimed at professionals who want to become […]
Accelerate Budget Alert 2024
The core of the 2024 New Zealand Budget is tax relief for working families and restrained public spending. Households anxious about cost of living and job security make cautious consumers. Businesses coping with rising overheads and shrinking retail spends tend to tighten up to maintain cash flow. Changes to the bright-line test and interest deductibility […]
The Back Pocket Boost
Changes to personal income tax thresholds take effect from 31 July: This is designed to give New Zealanders some breathing space after several years where higher wages dragged them into higher tax brackets due to inflation. Disclaimer: This blog has been carefully prepared, but it has been written in general terms only. The blog should […]
Tax threshold changes and your business
Businesses need to note that the current thresholds apply for the first 3 months and 30 days of the 2024–25 tax year; the new thresholds for the remaining period. For the 2024-25 year only, composite tax rates will apply: Taxable Income Composite tax rate Employers need to ensure their payroll providers make the necessary changes […]
