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 –
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[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
Labour bill to ‘Mondayise’ Anzac and Waitangi days
The Labour Party will try to force the Government’s hand to ‘Mondayise’ Anzac Day and Waitangi Day if they fall on a weekend by introducing a member’s bill to make
Minimum wage likely to get ‘modest adjustment’ – Key
7:19 PM Tuesday Jan 25, 2011 Prime Minister John Key has indicated a \”modest adjustment\” to the $12.75 an hour minimum wage is in the pipeline. Speaking at a post-cabinet
First $5k tax free under Labour
1:32 PM Tuesday Jan 25, 2011 Labour leader Phil Goff outlined Labour’s new tax policy at his ‘state of the nation’ address in Auckland this afternoon. It would introduce an
[IRD] Payroll Software Developers Casebook 1 April 2011 to 31 March 2012
The Payroll Specification Team are pleased to advise that the 2012 payroll software developers casebook is now available to be downloaded from the Inland Revenue website. The direct URL
Labour: We will extend paid parental leave period
Labour is promising to extend paid parental leave and make Working for Families more generous for parents of under-2s under its new social welfare policy. Labour’s social development spokeswoman Annette
Auckland workers care most about pay
Aucklanders are more concerned about their salaries than other New Zealanders, according to a survey that goes some way in confirming commonly held stereotypes. Right Management’s Salary Expectations Survey found
Call to ‘Monday-ise’ public holidays gains momentum
Politicians and unions are calling on the Government to move public holidays that fall on weekends to Monday as workers face losing two days off in 2011. Waitangi Day is
Union deals sidestep Govt’s 90 day law
5:30 AM Monday Jan 10, 2011 Unions are protecting thousands of new workers from the Government’s 90-day trial period law by negotiating collective contracts that exempt them from it. But
Payroll fraud accountant sentenced
12:55 PM Tuesday Dec 21, 2010 An Auckland businessman who manipulated the company payroll to give himself a $10,000 payrise, has been sentenced to 200 hours’ community work. Mark Joseph
Government Question and Answer document on the ACC changes
Click here to download ACC Questions and Answers.
Govt opens ACC to private sector
12:15 PM Tuesday Dec 21, 2010 The Accident Compensation Corporation’s work account, which covers workplace injuries, will be opened up to private insurers, ACC Minister Nick Smith says. The decision
ACC thresholds and caps – a quick guide
This guide was provided by Tasneem Gould, Business Analyst from PayGlobal. Tax Code Ordinary Pay Extra Pay M Capped Capped ML Capped Capped ME Capped Capped SB Not Capped Capped
[IRD] Revenue Alert – Cloud Computing : What it means for software developers
On 13th December Inland Revenue issued a Revenue Alert on “cloud computing” and the implications this has on tax records. The alert has generated some discussion from Software Developers and
KiwiSaver should be compulsory, says Kiwibank
State-owned Kiwibank wants the KiwiSaver scheme to become compulsory for everyone with an income above a prescribed level. \”In our view, compulsory KiwiSaver would significantly increase retirement incomes, and therefore
DOL Q&A on the Holiday Amendment Act 2010
Please confirm if only leave that becomes entitled on or after 2010 can be cashed out, and not leave entitled prior to this date no matter how large the leave
[IRD] December 2010 – New employer obligations for overseas workers
In this issue: New employer obligations for overseas workers, file your GST transitional returns online, FBT rates from 1 October, Budget tax changes for April 2011, our services over the
[IRD] December 2010 * filing guideline dates for 2011
In this issue you can read about, best wishes for the festive season, our services during the holiday season, thanks for your support after the Canterbury earthquake, interim IR 4J