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 […]
Let’s talk about bonuses! Read More »
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
The Principles of Tax Read More »
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
Annual Leave can be a contentious subject Read More »
Everywhere you look costs are increasing at an alarming rate and it is taking its toll on businesses and individuals alike. There are whispers of a recession which seems quite likely looking at the latest inflation numbers pegged at a staggering 7.2% for the 12 months to December 2022, which is the highest it has
Costs, costs, costs. Read More »
The Minimum wage is increasing Many of you would have heard and seen the announcement, that the minimum wage is set to increase 1st April 2023. The Adult minimum wage will go up, from $21.20 to $22.70 per hour. The starting out, and training minimum wage will increase, from $16.96 to $18.16 per hour. These
Increases are on the way: What are they & how to prepare Read More »
Over 500 people gathered in Te Aroha last month to listen to Sir John Kirwan, or JK as he’s most commonly known, share his humble yet powerful words on managing mental health and the process of moving from surviving to thriving. It was an important message for rural communities. Across the country there is a
An evening with John Kirwan Read More »
As a business owner the main goal is to make a profit. To make enough sales at a big enough margin to generate a profit from your business. It can be very common for any business owner to make a profit but then have issues with cash flow. Often business owners are confused as to
Keeping your business cash liquid Read More »
© CooperAitken Accountants | Standard T&Cs | Website Disclaimer
About Us
Our Team
Careers
Our Scholarship
Make a Payment
Dairy Farming Benchmarking
Blogs
Newsletters
Contact Us
Accounting
ACC Risk Management
Benchmarking
Business Advisory
Business Software Support
Governance
Payroll
Tax Specialist Advice
Trust Admin & Trusteeships
MORRINSVILLE
42 Moorhouse Street,
PO Box 23,
Morrinsville 3300
Phone: 07 889 7153
THAMES
104 Sealey Street,
PO Box 559,
Thames 3500
Phone: 07 868 9945
MATAMATA
2 Arawa Street,
PO Box 51,
Matamata 3400
Phone: 07 888 8002
HAMILTON
Torutek Building,
Waikato Innovation Park,
1 Melody Lane, Hamilton East 3216
Phone: 07 595 0351
© CooperAitken Limited. Waikato Chartered Accountants and Business Advisors.
