On 1 April new changes to Employment Legislation came into law. Our website has been completely updated with this information. It should be easier to find the information you need under these
Year: 2011
Beware politicians wielding salary statistics
As the general election approaches we can expect to have politicians brandishing statistics at us, carefully selected to suit their respective causes. The Government is keen to make the case
[IRD] April 2011 * do NRWT rules apply to interest paid to Australian financial institutions?
In this issue you can read about: – the 2011 International tax disclosure exemption ITR21 – determinations on non-attributing active insurance CFC status (TOWER Insurance Limited) in Fiji and Papua
Business Update: April 2011 – tax help for Christchurch earthquake affected businesses and families
In this issue you can read about tax help if youve been affected by the Christchurch earthquake, ACC levy rates for 2011-12, GST on fringe benefits, relief from KiwiSaver deductions
[IRD] Agents Answers – April 2011 – Tax help for Christchurch earthquake-affected businesses and families
In this issue you can read about tax help if you*re affected by the Christchurch earthquake, KiwiSaver contributions holidays, 2012 tax year EOT and filing, tax treatment of earthquake disposal
Staff ‘sickies’ targeted by new law
Workers who routinely pull ‘sickies’ may be dissuaded from doing so by employment law changes that come into effect tomorrow, an employment lawyer says. From tomorrow, employers will be able
Dunne: Govt considers Christchurch quake tax issues
Although Inland Revenue had already put in place a number of urgent measures in response to last month’s Christchurch earthquake, the Government is looking at further measures in response to
[IRD] Tax Information Bulletin -March 2011 * standard practice statements for financial relief
In this issue you can read: – the 2011 national standard costs for specified livestock – standard practice statements on installment arrangements for payment of tax, requesting an installment arrangement
Parliament passes quake holiday bill
Parliament has unanimously passed a bill creating a public holiday for the Christchurch earthquake commemoration, although some MPs think next Friday is too soon. Labour Minister Kate Wilkinson introduced the
[DOL] DEPARTMENT OF LABOUR UPDATE ON IMPORTANT LAW CHANGES
DOL now have a new guide to the changes to the Employment Relations and Holidays Acts that are coming into effect from 1 April. This guide is now available on
[IRD] Business Tax Update – March 2011 – GST rules change for land transactions
In this issue: Changes to the GST rules, non-resident seasonal workers rate reduced, qualifying company changes and the new look-through company, tax help for businesses affected by the earthquake, GST
EARTHQUAKE MEMORIAL DATE NAMED 18 MARCH (SPECIAL PROVISIONAL HOLIDAY TO BE CREATED)
The date for a National Memorial Service to honor victims of the Christchurch earthquake will be March 18. The Prime Minister Mr. Key announced that the day will be a
[IRD] Agent Answers: March 2011 – qualifying company changes and the new look-through company
In this issue you can read about E-Filers, IR 10 and disclosure obligations, qualifying company changes and the new look-through company, GST returns and 15% rate, tax depreciation rules, M*ori
Quake-hit workers to get $400 a week Govt subsidy, PM announces
Prime Minister John Key today announced those put out of work by last week’s devastating Canterbury earthquake will be eligible for subsidies of up to $400 per week. Full-time workers
[IRD] Tax Information Bulletin – February 2011 * the Taxation (GST and Remedial Matters) Act 2010
In this issue you can read: – binding rulings BR Pub 10/01-10/05: Australian Limited Partnerships; and BR Pub 10/21: Interest repayments required as a result of the early repayment of
Minimum wage increases
The Minister of Labour has announced increases to the minimum wage rates. From 1 April 2011, the adult minimum wage will increase to $13.00 an hour. That’s $104 for an
[IRD] Agents Answers – February 2011 * Qualifying company reforms
In this issue you can read about the 2011 Rugby World Cup, L letter availability 2011, 1 April 2011 tax changes, qualifying company reforms, payroll giving donations exceed $890,000, keep
KiwiSaver changes may be costly, warns industry
Industry players have welcomed a proposal to automatically enrol all employees aged over 18 into KiwiSaver but warn more changes to the scheme are likely to bring more costs –
[IRD] Business Tax Update February 2011 – New tax entity for companies
In this issue: New tax entity for companies, other 1 April 2011 tax changes, tax codes for new staff, number of pays for tax year ending 31 March 2011, new
KiwiSaver changes needed, says Savings Group
The Government’s Savings Work Group this morning recommended changes to KiwiSaver. It stopped short of compulsion, and recommended a resumption of NZ Superannuation Fund contributions and new banking sector regulations