Our Prime Minister Christopher Luxon has his feet firmly under the table, so what major policy changes will affect your business? National outlined some of the headline changes it wanted to make within its first 100 days in power. The National-led coalition government have some well underway. Here are some of the major changes businesses…
Day: December 13, 2023
What property investors need to know
At this early stage, there will always be unknowns as ministers assess new legislation and review existing policies. One key area to watch will be the tax treatment of property investors. National plans to shorten the bright-line test for property investors to two years from 10 years, returning the law to its 2015 setting. from…
Fringe Benefit Tax exemptions you may have missed
Last April, new Fringe Benefit Tax (FBT) rules came into effect that could be relevant to your business and employees. Here’s a summary of the three new exemptions that may have gone under your radar: Employer-subsidised public transport (mainly for the purpose of travelling between home and work). The provision of self-powered (bicycles) or low-powered…
How to deal with economic uncertainty
With political changes and an economic slowdown to contend with, we’re in pretty unpredictable waters. Here are some tips on managing your team in times of uncertainty: Support staff wellbeing Talk to staff about wellbeing regularly and openly. Let your team know it’s okay to feel stress or anxiety. Regularly remind your people where to…
Digital snapshot: the Xero app store
Whether your business is in retail, farming, or finance there’s no shortage of digital tools to improve efficiency, productivity, and performance. In a tough business environment, the right digital tools can give your company the edge over your rivals and take you to the next level. Innovative apps in nearly every industry have emerged over…