A much anticipated change to Income Tax Rates – a payroll perspective.

A much anticipated change to Income Tax Rates – a Payroll perspective. On 9th May 2024, The Hon. Nicola Willis reiterated the Government position on delivering income tax reduction for working New Zealanders. The last time changes in income tax thresholds took place, was 1st October 2010*. Whilst tax relief is most welcome in this […]

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Here we go again…. Bright-line v4

Here we go again…. Bright-line v4 The original Bright-line test was introduced with effect from 1 October 2015 and was designed by Inland Revenue as a simple way to capture tax on property speculation.  The intention test had proven to be almost impossible for Inland Revenue to apply with speculators buying and selling houses in

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Where is the coalition government at with changes to environmental regulations?

Where is the coalition government at with changes to environmental regulations? Currently there is a lot of uncertainty over what the new coalition government will change in current environmental policy. This is what we know so far; Resource Management Act The new government repealed the Natural and Built Environment and Spatial Planning Acts, which were

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More increases on the way

The Minimum wage is increasing The minimum is set to increase again come 1st April 2024. The adult minimum wage will increase by 45 cents, from $22.70 to $23.15 per hour. The starting out, and training minimum wage will increase by 36 cents, from $18.16 to $18.52 per hour. These rates are before tax and lawful deductions. It

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What does Fonterra’s on-farm emissions reduction target mean?

What does Fonterra’s on-farm emissions reduction target mean? Recently Fonterra released its 30% intensity reduction for on-farm emissions by 2030.  Many farmers will be asking “what does this mean for my farm”. I’m going to break this down for you. First, you need to understand what emissions intensity is. Emissions are predominately reported two ways:

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How do I pay my relief milker?

How do I pay my relief milker? One of the most common queries coming across the Payroll desk is “How can I pay my relief milker?” Some relief milkers will refuse to accept work unless paid in cash, ‘under the table’, and this puts the employer in a difficult position. Someone is needed to do

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Exciting news!! We have a brand new Agri-Compliance service. Checkbox helps alleviate the burden of on-farm compliance for Dairy Farmers.

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