More on the Cost of Living Payment as well as business and personal tax measures.

Wellbeing Budget 2022 – A Secure Future positions itself to acknowledge the difficult times we’re living in while aiming to help move towards “a high wage, low emissions economy that provides greater economic security, while providing support to households affected by cost-of-living pressures.”

Legislation has recently been enacted in New Zealand pertaining to changes in interest deductibility and Brightline Rules for residential investment properties. The changes are also retrospective.

NZ HR Specialist Ross Henderson provides an update on vaccination mandates and an employee dismissal case from the Employment Relations Authority.

There are actions you can take now to maximise tax deductions. We’ve provided a useful checklist of tax deductions available for you to consider.

Applications for the first COVID Support Payment have opened and can be made through myIR on the IRD website.

The Government has announced new financial support for businesses affected by Omicron.

While this pandemic remains the largest issue business owners face, that doesn’t mean that leading issues pre-Covid have disappeared. The challenges we face are compound and varied, according to Kirk Hope.

The Government has announced a one-off transition payment for businesses as we move to the COVID-19 Protection Framework and the Resurgence Support Payment and Wage Subsidy Scheme will continue to be available to businesses anywhere in New Zealand until 2 December 2021.

About 400 high-wealth individuals have been selected to take part in a statistical research project to help NZ Inland Revenue fill a gap in their knowledge of effective tax rates relative to economic measures of income.

Whether you’re seeking extra staff to cover the Christmas rush or wanting to avoid paperwork mishaps this article has got you covered.

Traffic Lights, COVID-19 Wage Subsidy and Increased Resurgence Support Payment Update.

Alliott Global Alliance (AGA), one of the world’s largest global multidisciplinary alliances, with nearly 200 members in over 80 countries has appointed Kemps Weir Lawyers (‘Kemps Weir’) as its sole representative law member in Auckland, New Zealand.

An important reminder about the next round of Wage Subsidy and Resurgence Support Payment application dates.

What’s the story behind your business? Do your customers get an insight into what happens behind the scenes?
Telling your story through digital marketing is a powerful way to humanise your business, engage customers, and distinguish yourself from competitors

Applications for the second COVID-19 Wage Subsidy August 2021 close today at 11.59pm, Thursday 16 September 2021.

If you're an employer that has applied for COVID-19 Wage Subsidy August 2021 #2, make sure you're across waiting periods and other important information for applicants.

With NZ HR Specialist Ross Henderson getting a lot of calls from employers regarding whether or not they can make COVID19 vaccination compulsory, he cautions that there are a number of factors to take into consideration.

A special presentation prepared by Angela Larkin, Senior Accountant at Alliott NZ, based on real-life experience from buying off the plan. We recommend Angela's information to any clients for whom this may be valuable.

 

The criteria for Wage Subsidy eligibility is now available.