Does your business collect and hold personal information? 

Does your business collect and hold personal information? 

In today’s digital landscape, information reigns supreme. As consumers, we often freely disclose our personal data multiple times a day, sometimes without even realising it. Yet, for businesses, safeguarding this information is a crucial responsibility—one that cannot be overlooked.   The Privacy Act 2020 supersedes the Privacy Act 1993 and dictates how organisations and businesses collect,…

Increase in Minimum Wage – what does it mean for your business? 

Increase in Minimum Wage – what does it mean for your business? 

As of today (April 1, 2024), New Zealanders will see a 2% increase in minimum wage to $23.15 per hour, while the training and starting wages will rise to $18.52, remaining at 80% of the adult minimum wage.   Although seen as a conservative increase following the 7% increase to minimum wage the previous year, The…

Making the Leap: A Guide on How to Switch Your Accountant

Making the Leap: A Guide on How to Switch Your Accountant

Choosing the right accountant is crucial for the financial health of your business. However, circumstances change, and you might find yourself needing to switch accountants for various reasons. Whether you’re seeking better service or more expertise, making the transition smooth is essential. In this article, we’ll guide you through the steps of switching accountants to…

The Trust Act 2019 – what does it mean for you?

The Trust Act 2019 – what does it mean for you?

Trusts are legal entities that been used by New Zealanders for hundreds of years for a variety of purposes. For some, your trust might have previously ticked along year-to-year without requiring much attention at all; however, new legislation requires all trustees to consider the core components of the Trust Deed and take a more active…