Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help you weather tighter economic periods and allow you to continue to thrive. Make sure you have a clear picture of your payroll, and any other […]
Keeping your cashflow strong in tough times Read More »
On Thursday 22 May, the Minister of Finance, The Honourable Nicola Willis, delivered Budget 2025. Opening her speech, the Minister said:“This is a responsible budget to secure New Zealand’s future. It supports the economic recovery now underway. It also takes a longer-term view with initiatives to boost future investment savings and growth.” Growing GDP and
Budget 2025: The impact for your small business Read More »
A contractor is not an employee. Here’s all you need to know about the difference between an employee or contractor.
Employee or Contractor? Read More »
The changes to personal income tax rates taking effect in July, as an outcome of the Budget 2024, have some consequences for businesses. 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
Tax threshold changes and your business Read More »
As the holiday season approaches, take some time to think about how you want to organise your business operations over the summer. Confused about holiday pay calculations or unsure how to interpret entitlements showing in your payroll system reports? Call us, we are here to help.
Five things employers should consider in early December Read More »
Are you Ready? As a business owner or manager, you need to be ready for the increase in minimum wage rates on Friday, 1 April 2022. If you have not yet talked to your accountant, payroll provider or your finance/HR teams, now is the time. It’s also an opportunity to check your employment records, processes
Minimum Wage Increase 1st April 2022 Read More »
