From 1 April 2021, the following payroll changes come into effect, so prior to running the first pay for the 2022 tax year, take care to ensure your payroll systems have been updated where required. Minimum Wage is moving from $18.90 to $20.00 per hour Training Wage is moving from $15.12 to $16.00 per hour […]
Auckland’s two recent alert level 3 lockdowns meant a large number of workers were required to work from home where they could, unless they were an essential worker. For those that could not either work from home or their usual workplace, it can be difficult to calculate what employees are entitled to be paid. There […]
The Government has introduced legislation for the Resurgence Support Payment (RSP). When the Government activates the RSP, viable businesses that experience a 30% drop in revenue due to the COVID alert level increasing to 2 or higher for a minimum of 7 days can apply for the RSP. The RSP is available nationally even if […]
Accounting software for SME’s has evolved radically over the past 10 years. The majority of providers allow bank feeds direct into your software making obsolete the days of tedious, time-consuming data entry. In addition, the software is often hosted in the ‘cloud,’ enabling business owners to access their financial information from anywhere, at any time. […]
Cost and Cashflow Management will be critical to ensure the health of your business in the current economic environment. Here’s our checklist to assist you to manage some of the financial challenges ahead. Employees and Wage cost Consider retaining all employees through Reduced hours Utilising accrued leave Leave without pay Assistance provided by the Government […]
Hayes Knight rebrands to Nexia
Government drops a bomb on residential rental owners
COVID-19 business support at different alert levels
Are you across the 1 April 2021 payroll changes?
Are you up to speed with your new trustee obligations?
