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Diane Gill • February 22, 2023
THE MINIMUM WAGE IS INCREASING - IS YOUR BUSINESS READY??
Minimum wage rates will increase on Saturday, 1 April 2023.
- The adult minimum wage will go up from $21.20 to $22.70 per hour.
- The starting-out and training minimum wage will go up from $16.96 to $18.16 per hour.
If you’re a business owner or manager and you’ve not yet talked to your accountant, payroll provider or your finance/HR teams, now is the time. It’s also an opportunity to check that your employment records, processes and systems are current.
Meet Ann. She is a Senior Accountant at Ōmokoroa Accounting.
eInvoicing is the electronic exchange of invoice data directly between financial systems.
Being part of a tax pool provides more flexibility on when you pay provisional tax to Inland Revenue, rather than being tied to the IRD’s deadlines. Learn more.
Meet Suzie. She is the Office Manager at Ōmokoroa Accounting.
In May, we asked you to complete a survey to help us better understand how you feel about your business in the current economy. The survey results shed light on some of the primary concerns facing business owners right now.
The 2024 New Zealand Budget focused on tax relief for working families aimed at middle-and-lower income workers and spending cuts. Amid concerns about the cost of living and job security, these measures aim to boost disposable income leading to more consumer spending.
While contemplating our mortality is never pleasant, it's crucial to address estate planning to ensure our wishes are met and our loved ones are taken care of.
In this article, we answer frequently asked questions from small business owners about tax and accounting online.
Don’t let tax catch you off guard. If you’re self-employed, it’s vital to start saving for your taxes from the moment you receive your first income.
IRD is currently focusing on contacting businesses with outstanding debt. If you have outstanding debt, we strongly advise you to address your debt before IRD gets in touch with you.