Craig’s Bridgestone Tyre Centre
Client Story

Craig’s Bridgestone Tyre Centre

Chantal and her team have been our accountants since 2001. They are all very helpful and readily available to help us with our questions and they explain things so we can understand them. Their business advice over the years has been invaluable and I look forward to many more years of professional  advice from them. […]

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Kilometre rates for the business use of vehicles for the 2021 income year

Kilometre rates for the business use of vehicles for the 2021 income year

The table of rates for the 2020/2021 income year for motor vehicle expenditure claims. In accordance with s DE 12(4) the Commissioner is required to set and publish kilometre rates.  These rates can be used to calculate expenditure claims for the business use of a motor vehicle.  They may also be used by employers as […]

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2021 Herd Values
Minimum sick leave entitlements to increase to 10 days

Minimum sick leave entitlements to increase to 10 days

Parliament has passed the Holidays (Increasing Sick Leave) Amendment Bill to increase the minimum employee sick leave entitlement from 5 days to 10 days per year. Most employees who have worked for an employer for six months or over are entitled to sick leave if they, or a dependent, are sick or injured. Currently, employees […]

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End of Financial Year Newsletter

End of Financial Year Newsletter

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Preparing for a cheque-free future

Preparing for a cheque-free future

Most New Zealand banking institutions are going to discontinue the use of cheques in 2021.  Please see dates below. May 2021 31 May: ANZ stops cheques. June 2021 25 June: Westpac stops cheques. 25 June: Rabobank stops cheques. 30 June: BNZ stops cheques. August 2021 27 August: ASB stops cheques. Kiwibank no longer accepts cheques (since February 2020).

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Minimum wage increases on 1 April 2021

Minimum wage increases on 1 April 2021

The adult minimum wage is increasing to $20 an hour from $18.90 an hour on 1 April 2021. The starting-out and training minimum wage rates will also increase, from $15.12 to $16.00 per hour. Employment New Zealand publishes up-to-date minimum wage rates on its website. For further information: https://www.employment.govt.nz/hours-and-wages/pay/minimum-wage/minimum-wage-rates/

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COVID-19 Wage Subsidy March 2021 Financial support for businesses affected by the rise in alert levels on 28 February 2021.

The Wage Subsidy March 2021 is a payment to support employers and self-employed people, so they can continue to pay employees and protect jobs for businesses affected by the rise in alert levels on 28 February 2021. To qualify, the business needs to experience or expect a 40% decline in revenue over a consecutive 14-day […]

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Congratulations to our Field Days Winners

Congratulations to our Field Days Winners

We are pleased to announce the winners of our 2021 Field Days draw, they are: Richard Lambly Tara Hodgson Alana Lenz

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COVID-19 Short-Term Absence Payment

Ministry of Social Development (MSD) last week announced a new support payment for employers with employees required to self-isolate. This $350 is paid on top of any wage payments.  If you have any queries regarding this payment and how it may affect your business please get in touch with our office. IRD – Short-Term Absence […]

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