CooperAitken Admin

Due to a recent sharp rise in the number of complaints received by MBIE relating to the dairy sector, the Labour Inspectorate, along with the Tenancy Compliance Investigations Team, will start visiting dairy farms from late February to assess their compliance with minimum standards of employment and tenancy. This is now a focus area for […]

Life in general moves so fast nowadays and often we don’t put time aside for things that matter, as we navigate the hustle and bustle of everyday life. Sometimes these things include time to pursue a hobby, our health and well-being, and sometimes it is the big questions like – what happens when I’m not

Requirements as per the Wages Protection Act 1993 From time to time, in your employment relationship, you may extend permission to your employee to use your Trade account to purchase personal items, or tools that then become subject to a tool allowance paid to them as part of their package. For our Agricultural clients, a

If you are buying or selling a business or property from 1st July 2021 the new purchase price allocation rules may apply to you. What is the purchase price allocation rules? Prior to 1st July 2021 there was no requirement for vendors and purchasers to agree on each individual asset value when assets were purchased

In March of this year the Government extended the Bright-line test to 10 years, the effect of this extension creates what is essentially a capital gains tax on residential property that is unable to be exempted as a main home, a business premises or a farm.  Although intended to target property investors it will have

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

Now is time to talk about the taboo subjects – Strategic Planning and Budgets. Why is it taboo? Well, there are a number of reasons like the following; I don’t know where to start It will cost me It requires effort, time and thought I know my numbers and they are heading in the right

Now is a good time to get familiar with the new Co-operative Difference payment so you can make a plan on how to achieve the standards and receive the 10 cent payment. From 1 June 2021 Fonterra is changing the way farmers are paid for their milk through the introduction of a new milk payment

The Government’s latest announcement regarding changes to legislation in response to soaring house prices will affect existing and future property investors as well as the first-home buyer.  It is clear the government are making the ownership of rental properties less attractive with use of the taxation system.  The potential impact being the exit by these

“The Taxman giveth and the Taxman taketh away” an adage that has always rung true. We are entering a new financial year which brings with it changes to legislation which will be favourable for some taxpayers but not so much for others. A new top tax rate of 39% will apply to all employment income