The lead-up to the Wellbeing Budget has been well signposted even if the track’s been somewhat muddied by drama. It’s a bold step to try and quantify progress in other than strictly financial terms. The brief is to implement change and manage the country’s finances.The focus is on 5 priority areas:· taking …
Putting your nose to the grindstone and just getting more done? Being productive is about doing more of the right things. That means identifying key tasks and eliminating everything else. Here’s how to do it: Passion + proficiency = productivity Go through your tasks and projects, and rate your passion and proficiency for each of …
There’s been some confusion about proposed changes to the tax treatment of rental losses. Many taxpayers have been a bit panicky, under the impression that the changes are already in force. While it seems to be fairly certain that these changes will come in, until the law passes they are not in operation. The legislation to make this …
Answer To claim a tax deduction for payments to family members for services: the family member must provide services to your business; the amount paid must not be excessive; and if the family member is your spouse or partner, you must have the Commissioner’s prior approval for a deduction unless you run your business through …
Why apprenticeships work so well With New Zealand’s construction industry going ballistic, a lot of construction companies are looking to hire new staff. Do they stick with their subbies, bring in qualified builders or take on an apprentice? Stefan Cammell, owner of Cammell Projects in Queenstown believes it’s an employer’s responsibility to upskill the next …
