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 […]
Snippets – Nov 17 – Jan 18 Read More »
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 Houses that were acceptable in the 1970’s are now considered outdated and low quality for 21st century living.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
Technology and R&M Read More »
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
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
PAYE changes and tax simplification Read More »
It is with a heavy heart we say farewell to Dorothea, who is retiring on 01 June 2017. Dorothea (also known as “Dotty” or as she would prefer “Duchess”) has put together a few final words. “The time has come for me to ‘bow out’ and enter another journey of my life. I have enjoyed
Introducing… Daniel Keller, Client Manager. Accounting in school is where I found my passion for the profession. I went to Massey University in Palmerston North to study a Bachelor of Accounting. Halfway through, I decided I wanted to work alongside University, so now I work at Hughson & Associates while studying part-time. In my
New Zealand has taken a battering in recent years from major disasters including earthquakes, fires, cyclones and floods. These have caused business disruptions, devastated lands, and damaged our capital’s infrastructure and homes. Where insurance is received, a question often asked is how these receipts should be treated for tax purposes. Whether insurance proceeds are taxable
Taxation of Insurance Receipts Read More »
On 7 December 2016, the Acting ACC Minister, the Hon Nathan Guy, confirmed the ACC levy rates for the 2017/18 and 2018/19 years. The Minister said that there will be reductions totalling $126.2m per annum to work and motor vehicle levies, while the earners’ levy will remain unchanged. The announcement means that: the average
Further ACC Levy Reductions Read More »
Trusts are a popular way of protecting property and managing assets in New Zealand. The number of trusts we have in New Zealand is unknown, but estimates put the figure between 300,000 and 500,000. The legislation governing NZ trusts has remained unchanged for decades as it has been predominantly governed by the Trustee Act 1956.
As we come to the close of 2016, the last 10 months have seen many businesses across New Zealand face a variety of, sometimes overwhelming, but always unique challenges. Through this, the ability to engage and retain valuable employee’s remains a critical risk for all, not only for the financial impact; but also as it
Attracting & Retaining your Top Talent Read More »
