From 1 April 2018, small businesses with a turnover of less than $5 million a year do not need to be exposed to use-of-money interest when calculating their provisional tax. Tax payments do need to be made in full and on time.
On the face of it, the laws around employees’ and employers’ respective rights and responsibilities when it comes to sick leave might look cut and dried – the reality, though, is anything but.
While contemplating one’s mortality isn’t the most uplifting of pastimes, it is important to consider how you would like your earthly possessions dealt with once you “pop your clogs”.
Our team here at Aspiring Law is fielding a lot of queries about the latest changes to what’s known as the “bright-line test”, the property tax regime that came in in 2015.
SafePlus, a new government-developed and endorsed health and safety toolkit, is now available to all New Zealand businesses, including those in the rural sector.
A recent High Court case (Mitchell v Zhang [2015] NZIT3208) clarified a vendor’s obligation to disclose information about land to a purchaser – and serves as a reminder of how critical timely due diligence and legal advice is when buying property.
