|
|
|
|
August 2019
Keep up-to-date with us and what's happening in the business world
- Tax Debt - how financing with TMNZ can help
- Small Business Guidebooks
- Employee Break Times - are you up-to-speed?
- AAF Team Event & Wellbeing at Work
- Client Profile: Orange Clinic of Natural Medicine
- Upcoming Tax Dates
|
|
Do You Have Tax Debt?
Are you lying awake at night thinking about unpaid terminal or provisional tax, or worrying how you are going to pay your upcoming tax? It’s important that taxes are paid on time to avoid late payment penalties and use of money interest, which can escalate quickly.
Putting money aside through the year is the best way to manage your tax obligations; however, if you are already behind, it can appear to be an impossible task.
We work with Tax Management New Zealand (TMNZ), a company that can assist with paying off older debt, or to finance upcoming tax commitments. TMNZ interest rates (at around 5%) are significantly cheaper than the Inland Revenue’s (at 8.35% from 29 August 2019), and you won’t have any late payment penalties to pay.
TMNZ has flexible payment options, so you can pay off your debt over a number of months to assist with cashflow. Give us a call at the office to discuss utilising TMNZ to get you back on the right path, before the Inland Revenue contacts you!
|
|
Guidebooks for Small Business
Xero have produced some wonderful, comprehensive Small Business Guides that can be downloaded, or simply read online. Click on each topic for a link to the guide, which you can download as a pdf at the bottom of each page.
If you have a question about any of the items covered, or would like us to help guide you through any stage of business, don't hesitate to give one of our knowledgeable team members a call.
Employee Break Times
Are you up to speed with the new legislation around break times and treatment for workers, that came into effect on 6 May 2019? If not, allow us to catch you up.
All employees must have paid 10-minute rest breaks and unpaid meal breaks, based on the number of hours worked. This is set out in the Employment Relations Act.
You must not:
- refuse to let people take breaks
- give compensation for untaken breaks — it’s not OK to pay someone extra or let them leave early if they don’t take breaks
- ignore the risks posed by overtired employees — these risks will vary from business to business
AAF Team Event at Escape Mate
Following on from ensuring that your employees are taking their required breaks, there are many other factors that you need to consider to ensure your employees' wellbeing at work. Here at AAF, we like to get out-of-the office for a fun team event every few months. This time we went to an escape room at Escape Mate, where we were space commanders embarking on a mission to save the world from an alien invasion! We're pleased to say that we succeeded in our mission and managed to "escape"!
Client Profile
Amanda Haskell ND
Amanda is an experienced, professional Naturopath with a wealth of training, certification and support. Her passion for natural health is reflected in her large clientele who have benefited from her sound advice and the good quality products she represents.
Offering clinical solutions that bring you wellness through high quality nutritional and herbal products, as well as lifestyle and dietary advice via phone or skype for your convenience – bringing you great health.
|
|
|
|
