Check Out The Latest NZ Tax Updates
We include updates and reminders about NZ tax changes for those carrying on a business in New Zealand and for individuals who still have tax ties there.
New Zealand’s ACC Levies To Reduce For Employers
The Accident Compensation Corporation (ACC), is the organisation responsible for both overseeing New Zealand workplace safety and compensating anyone injured in the workplace.
It is funded by levies paid by New Zealand and Australian businesses who are registered as NZ employers. And from 1 April 2017 the good news for business is that these levies will fall.
Getting Confused With The Various New Zealand Tax Payment Dates?
Unlike the Australian system where you can report on, and pay for, several taxes on one tax return, New Zealand treats every tax as it’s own little beast with little interaction between them. A different tax return due at a different time with a different payment date for each type of tax. And that causes a lot of confusion for Australians doing business over there.
New Zealand Employment Agreements Are Necessary – And Now They’re Free
It is a legal requirement that you enter into an employment agreement with your staff. And now there is a free online tool designed to help you comply with the law.
New Zealand hasn’t had a unionised workforce for a number of decades so it has been difficult to produce agreements by sneakily using union agreements as a template.
New Zealand Updates Employment Laws On Easter Trading
Until recently it was illegal for all but a few businesses to be open on Good Friday and Easter Sunday.
The rules have changed with regard to Easter Sunday.
IRD Announces No More New Zealand GST Refund Cheques
New Zealand’s Inland Revenue continues to make good progress in updating their antiquated tax systems. However, for some of us that find it hard to let go of the excitement of getting a cheque in the mail, there is some bad news.
This latest announcement impacts on you if you are required to account for New Zealand GST.
Inland Revenue Announces More Changes To IRD System
The first of many changes that the IRD is making over the next few years to make New Zealand tax simpler, is about to start.
To make it easier and quicker for taxpayers to file and amend their New Zealand GST, Inland Revenue is improving the GST service currently available through their myIR online system.
Holiday Obligations For NZ Employees
Closing your New Zealand business down for Christmas? Here are the general conditions that will impact on your relationship with your employees.
Tax Deductibility Of Christmas Presents For Your New Zealand Clients
Wondering about the New Zealand tax deductibility for buying gifts for clients?
At this time of year we often get questions from Australian business owners with interests in New Zealand about the deductibility of traditional Christmas staples like chocolates and wine.
Until recently, these types of gifts tended to be fully tax deductible.
New Zealand Ranked Easiest For Business
Move over Singapore. New Zealand has just been ranked as the easiest country in the world to transact business according to the 2017 Doing Business Report just published by the World Bank.
A record 137 economies from around the world have adopted key reforms that make it easier to start and operate smaller businesses, however it is New Zealand that came out on top.
Some Australian Businesses Selling Services Into New Zealand Must Now Be Registered For New Zealand GST
This is a reminder from our earlier blog post where we gave notice that the New Zealand government was now requiring suppliers of certain services into New Zealand to be registered, and therefore account for, New Zealand GST even though you may not be operating from a business in New Zealand.
We are getting a lot of enquiries from Australian businesses confused about if their products are included in this new New Zealand GST requirement.
New Requirements For New Zealand Residential Rental Property Owners
There have been a raft of new requirements put in place over the last few months that will impact on you if you own a residential rental property in New Zealand.
Smoke Alarms – Residential rental properties are now required to have a smoke alarm positioned within 3 metres of the main entrance of any sleeping space. This rule came into effect from 1 July 2016.
Do You Know Where Your Customers Are Coming From?
When you are thinking about your New Zealand marketing approach there are two critical questions you need to ask yourself: who are my customers and where are they spending their money?
These questions have taken on a completely new complexion thanks to NZ’s immigration policy.