Latest News
Snippets – Nov 17 – Jan 18
Sneezing colleagues Modern workplaces are increasingly open plan, so sneezing colleagues are hard to miss during the flu and hay fever seasons. Many would be able to name one or two people with particularly loud or interesting sounding sneezes, but funnily enough research has found that the sounds made when people sneeze are all for
Voluntary Disclosures
Traddies have been under the watchful eye of Inland Revenue (IRD) for the last few years since being identified as a cash-dominated industry in 2012. A media campaign has recently been launched to warn tradespeople that doing ‘cash jobs’ may comprise tax evasion, and that every cash job leaves a trail (or lack of a
Team Development
Business owners and managers are often focused on a company’s financial performance, return on investment and other monetary indicators of business success. Intangible investment in human capital can commonly be overlooked as it can be difficult to measure improvements, or any direct increase in outputs. However, employee effectiveness is critical to the performance of all
Accommodation Allowances
In today’s fast changing commercial environment, it is common for employers to provide board or accommodation to employees, and move staff to new locations based on the needs of the business. This can occur when permanently moving an employee to a new location, or when temporarily seconding an employee to a different location. The value
Investing in Commercial Property – the Maat Way
Investment Options Where does an investor invest to attain their investment goals? Perhaps in the share market and accept its volatility. Or the bond market and be exposed to the complexities of the different types of bonds available. Or place funds on deposit at the Bank and accept the current low interest rates. Or dabble
Technology and R&M
The condition of New Zealand’s housing stock was hotly debated during the lead up to the election. Houses that were acceptable in the 1970’s are now considered outdated and low quality for 21st century living. With the introduction of a new Government we are waiting to see what changes will be implemented for landlords, for
From My Desk…
Greetings WOW – how the weather has changed – now we would welcome the odd shower! With calving / breeding and the election behind us, we look forward to the festive break. This year we will be closing on Thursday 21st December 2017 and re-opening 08th January 2018. Those of you based near Patea can
And Lastly…
Life after Hughson’s Many thanks for all your good wishes when I left work. I enjoyed working with you all and will no doubt see some of you from time to time. I am always available for coffee as well (I know a cheap coffee place at 26 Wellington Street – they also have beer
In the Office…
Introducing… Anna Hughes, Receptionist I started at Hughson & Associates in June 2017, after a three year break to raise my little boy. I’ll be at reception every afternoon to greet visitors and help with any enquires. I tīmata ahau ki Hughson & Associates i te marama o Hune 2017, i muri i te
Snippets: Aug – Oct 2017
Tax innovation With the persistent need for additional Government revenue it could be time to look to history for answers. In 1535, King Henry VIII of England introduced the first ‘Beard Tax’ on males growing facial hair. The effectiveness of the tax in England was questionable, with records at the time being somewhat ‘short’ on
Budget 2017
Budget 2017 presented a broad range of small yet smart changes that target working families and low income earners. From a tax perspective, the key changes are predominantly to the income tax thresholds, working for families’ package and the independent earner tax credit. All taxpayers will benefit from the tax cuts, and it is hoped
PAYE changes and tax simplification
Inland Revenue (IRD) have recently released a new Taxation Bill and published the eighth discussion document in the Making Tax Simpler series, both of which aim to reduce the cost of tax compliance and administration for NZ businesses and individuals. Under the current PAYE system, it can be difficult for IRD to collect the correct
