Ask any employer that needs to operate their business on a Public Holiday, and you can almost guarantee that at some point, a team member has come in to work their Public Holiday and have needed to finish early due to illness. We know that ordinarily, an employee works a Public Holiday and are then …
Looking at farm compliance as a cost to your business is now an outdated view. While it may not be creating value, it is protecting the value of your business, with multiple financial implications for not complying with regulations today. These include; fines for breaching regulations, missing out on premium payments from Farm Assurance Programmes …
Are you feeling burned out from business?The last three years have been demanding and exhausting for many business owners. The challenges have been relentless, and we know many small business owners have had to navigate unprecedented demands because of the pandemic and related government regulations. Burnout results from long-term stress and can manifest in emotional …
Our business environment has been challenging for some time, and it is likely to continue in the near future. There are pressures with rising costs from suppliers, wage costs increasing, and an inability to attract new employees, just to name a few. Being an election year business owners have elevated levels of uncertainty with potential …
You might be considering offering some kind of incentive or bonus for your staff. It’s important to be aware that there are two types of bonuses an employer can give, an incentive payment or a discretionary bonus, and they are quite different. An incentive payment is generally paid on a regular basis if X Y …
INCLUDED THIS MONTH; New article from Rory Noorland: The Principles of Tax Gavin’s retirement from Awarua Trust Agri-businesses: Have you counted your stock? Coming up: Xero Tips & Tricks Coming up: Payroll drop-in sessions download here Returns to blogs
The Taxation Principles Reporting Bill was recently introduced to Parliament stating that “The Government would like to increase the public’s understanding of the tax system and promote informed debate and discussion about its future”. The Bill proposes 7 principles that are to be “universally accepted” as underpinning the design of good tax policy. The principles …
In March 2022, the government announced changes to the GST invoicing and record-keeping requirements, however, this was not enacted until 1 April 2023. These new rules have been introduced to allow for more flexibility around GST invoicing and record-keeping. GST rules have been largely unchanged since the inception of GST in 1986, which does not …
GST invoicing & record keeping changes: What are they & what do you they mean for you? Read More »
INCLUDED THIS MONTH; New article from Sharlotte McFarlane: GST Invoicing & record keeping changes Directors Annual Strategic Retreat in Cambridge From our payroll division: Annual leave can be a contentious subject Provisional Tax Calculations Paying your invoice via internet banking Payroll drop-in sessions: Come in with your payroll queries download here
Firstly, it is important to understand that all Annual leave is the property of the employee, not the employer. Annual leave is accrued at 8% of the employee’s gross pay and after 12 months of continuous employment becomes entitled leave. An employee can request to use their accrued balance prior to the 12-month mark when …
© CooperAitken Accountants | Standard T&Cs | Website Disclaimer
2 Arawa Street,
Matamata 3400
Phone: 07 888 8002
Waikato Innovation Park,
1 Melody Lane, Ruakura 3216
Phone: 07 595 0351
© CooperAitken Limited. Waikato Chartered Accountants and Business Advisors.
