-
How to Develop an Effective KPI Reporting Model
Effective KPI reporting is built on transparency, accountability, and comprehensive communication. It can help businesses to reduce costs, identify new opportunities, and make better decisions. It provides an opportunity for staff at all levels of a business to reflect on their performance and, if required, take actions that improve the overall performance of the business.
-
Essential Guide for Employers: Calculating Holiday Pay Tax Accurately This Christmas
Family. Gifts. Carols, baubles, tinsel on the tree. When it comes to Christmas time, these are the things that most Kiwis are going to be thinking about—but there’s one more thing that business owners need to keep in mind over the Season of Giving: how much they should be giving to their employees in pay over the holidays.
-
Navigating Upcoming Changes to Family Trust Legislation
A massive overhaul and rewrite to trust law in New Zealand is currently underway—and your trust may be affected. The IRD are taking a long, hard look at trusts that don’t make commercial sense, but still manage to deliver unusually favourable tax advantages—and new changes to family trust laws are currently being drafted to allow beneficiaries greater knowledge of what their trust is doing, and how much money it is making.
-
Understanding Company Car Tax Regulations Over the Christmas Period
If you use a company vehicle as a benefit for your employees, you need to make sure you’re keeping the IRD happy over the holidays. Here’s what you need to know...
-
The Christmas Guide: Tax Implications for Employee/Client Gifts
‘Tis the season of giving! But if you’re planning to give your clients and/or employees a present this year, you should temper your generosity of spirit with the correct tax treatment of gifts for employees. After all, you wouldn’t want the IRD to put you on its naughty list… here’s what you need to know: