Provisional tax payment dates do not always fall at a convenient time. There are always competing cash flow pressures and other business expenses to consider. Through tax pooling, you can gain full control over when and how you pay provisional tax and save money in the process. Firstly, how does it work? The tax pool […]
Tax Pooling and Provisional Tax Read More »
By now, Xero users in NZ will be familiar with the additional security measures on your Xero account since Multi-factor authentication (or MFA) has been applied. It is not as daunting as it sounds as it takes a few extra minutes for the initial setup and then each time you log in to Xero, an
Xero Multi-Factor Authentication (MFA) Read More »
With more and more people using their mobile phones for work purposes, let’s take a look at how Xero has bought their software to the mobile world. Xero has five mobile apps that work on Google’s Android and Apple’s iOS operating systems. The apps are Xero mobile accounting, Xero Me, Xero Projects, Xero Expenses, and
Are you using Xero on mobile? Read More »
Earlier this month we had a visit from our PayHero Partner Program Manager, Jacinta, who filled us in on what PayHero has been up to behind the scenes as well as important updates regarding how proposed changes to the Holidays Act will be applied to the payroll software. It is important to note that these
Proposed Changes to the Holidays Act Read More »
From 1pm Thursday 4 March you can apply for the March 2021 Wage Subsidy scheme. TO QUALIFY: Your business needs to experience a 40% decline in revenue over a consecutive 14-day period between 28 February and 21 March, compared to a typical 14-day period between 4 January and 14 February 2021 (6 weeks before the
The March Wage Subsidy Read More »
Auckland is currently in Alert Level 3 until at least midnight Wednesday 17 February, and the rest of NZ is in Level 2, meaning some businesses have to change how they operate. Here is some of the support on offer. WAGE SUBSIDY In the event of a move of Levels 3 and 4 for seven
Covid-19 Support Round Up Read More »
The COVID-19 Short-Term Absence Payment is available for businesses, including self-employed people, to help pay your workers who cannot work from home while they wait for a COVID-19 test result. There’s a one-off payment of $350 for each eligible worker while they are staying home waiting for test results. This is regardless of whether they’re
Covid-19 Short-Term Absence Payment Read More »
It’s important to note that this is not yet law – these are proposed changes but the Bill will come into effect two months after it has passed as a law, which could be mid-2021. The Government has introduced the Holidays (Increasing Sick Leave) Amendment Bill to increase the minimum employee sick leave entitlement from
The proposed sick leave extension Read More »
Are you ready for what 2021 may bring? It is fair to say that out of all the challenges and disruptions that were thrown upon us in 2020, there were many accomplishments that we achieved which should be remembered and brought into this new year. A lot of businesses were able to pivot while others
Taking our gains from 2020 into 2021 Read More »
The next phase of the laws in the Residential Tenancies Act (the Act) takes effect from the 11 February 2021 (Phase 2). Phase 1 of the reform has been in place since August 2020 which included the change to rent increases being limited to once every 12 months. Updates in Phase 2 include: Security of
Phase 2 of the Tenancy Law reform Read More »
