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Hustle ... Self-determination to go out there and work it out until you made it.

Unveiling NZ's Business Metamorphosis

Navigating transformation in the land of the long white cloud (Aotearoa)

Business transformation in New Zealand is a dynamic process influenced by a range of factors, including technological advancements, market trends, regulatory changes, and global economic shifts. Let's delve into the specifics ...


1. Digital Transformation

2. Government Initiatives

3. SMEs and Startups

4. Sustainable Practices

5. Industry Focus

6. Challenges and Opportunities

7. Impact of COVID-19

8. Future Outlook





 

BUSINESS SUCCESSION ... or sale on your mind

Selling or transitioning out of a business that you've created, or brought and built, over many years can be a stomach-wrenching exercise. There's a lot to think about, people to consider, a myriad of critical decisions to make, and actions to take or achieve the best succession or sale outcome.


One of the many positives about being a business owner is that you don't have to traverse this critical junction alone.





 

WORKPLACE HEALTH AND SAFETY (HSWA): The basics

The 2019 eruption of Whakaari (White Island) was catastrophic, killing and seriously injuring many people. WorkSafe’s criminal prosecutions against entities and officers connected with the tragedy for

breaches of the Health and Safety at Work Act 2015 (“HSWA”) have now concluded, with sentencing in February 2024 and significant fines and reparation imposed. The prosecutions serve as a timely

reminder of the importance of taking health and safety seriously. In this article we outline employers’ core health and safety obligations and steps that should be taken as a minimum to comply with them.






 




Invest in yourself: the ultimate path to success

Company vehicles kept at home but used for business - general rules - quick refresher

Changes to personal income tax thresholds

90 day trial period

Disposal of tracing stock at below Market Value

Trustee Income to be taxed at 39%

Shareholding continuity and difference classes of shares - watch you imputation credits and losses!

Minimum wage increase from 1 April

Milage rate

Bright line test on property held briefly

Knowing your numbers


 

KEY DATES


30 June - Last day to apply for annual FBT returns

28 July - 3rd instalment 2024 Provisional Tax (June balance date)

28 August - 1st instalment 2025 Provisional Tax (March balance date)



 


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