The number of people signing up to KiwiSaver has continued to decline since the May budget, Tower Investments says in its analysis of data from the Inland Revenue Department. Although
Year: 2011
Govt announces cuts to ACC levies
The Government has approved big cuts to Accident Compensation Corporation levies for employees and their bosses next year which may save them more than half a billion dollars, ACC Minister
Govt to consider making pay public
Govt to consider making pay public The Government will consider a proposal to allow workers to know if they are getting paid less than their colleagues because of their gender,
Key shies from wage equity bill
The Government is firmly against pay discrimination based on gender, but has shied away from supporting a bill aimed at eliminating any pay gap between men and women who are
Building bridges across the gender pay gap
Enrico Moretti, an Italian professor of economics living in California, knows all about the women and sick days controversy here because he read about it in the Toronto Globe and
Delay in big payroll job questioned
An Auckland payroll company has questioned the handling of a $62.7 million education payroll software overhaul that has been delayed for two years. The Novopay project – on the Government’s
No secrets: bill to reveal pay gap
Male and female colleagues would know each other’s salaries under a proposed pay equality bill which would remove an employer’s ability to keep them secret. Equal Employment Opportunities Commissioner Dr
[IRD] June issue of Agents Answers
In this issue you can read about new measures introduced, mileage rate for vehicles, earthquake support subsidy, proposed changes to depreciation rules, B2B web services, redundancy tax credit, new practice
[IRD] June 2011 – statement on deduction notices issued to banks
The latest issue of the Tax Information Bulletin Vol 23, No 5 (June 2011) is now available at www.ird.govt.nz/tib In this issue you can read about: – product ruling
[IRD] [taxpolicy] Budget tax bill introduced
The Taxation (Annual Rates and Budget Measures) Bill was tabled in Parliament this afternoon by Revenue Minister Peter Dunne. The bill introduces changes to KiwiSaver and Working for Families announced
KiwiSaver cuts ‘affordable for most’
The Government says most workers and employers will be able to afford the larger KiwiSaver contributions announced in today’s budget, but there are also warnings that the scheme’s compliance costs
[IRD] [taxpolicy] Budget 2011 tax announcements
Budget 2011 announced changes to KiwiSaver, Working for Families and Student Loans. The proposed changes to these schemes are intended to make the schemes more sustainable. Also announced were
Govt cuts KiwiSaver tax credit
Prime Minister John Key this morning confirmed his Government will reduce KiwiSaver’s Member Tax credit – the 2 per cent subsidy the Government pays to savers in the scheme –
Nelson employer stung for underpaying workers
A Nelson employer has been stung for more than $30,000 for underpaying his workers. The Employment Relations Authority found Bun Thuon Lam, a horticultural labour contractor, failed to pay five
[IRD] [taxpolicy] Earthquake bill tabled
Revenue Minister Peter Dunne today tabled a bill aimed at providing earthquake relief through the tax system. The bill provides businesses with exemptions from tax and gift duty for trading
[IRD] Agents Answers – May 2011 * Return and payment extensions of time – Christchurch earthquakes
In this issue you can read about help with lost or destroyed records after the Canterbury earthquake, return and payment extensions of time, transferring your tax credit to the Christchurch
Westpac glitch disrupts Govt wage payments
A problem affecting 10,000 payments at Westpac Bank has left many public sector employees without pay today. Westpac spokeswoman Hayley Lynch said the bank was still investigating what caused the
Easter trading bill slammed as ‘complete time waster’
The retail workers’ union has quickly scorned a planned parliamentary bill to allow shops to open on Good Friday. \”This is a complete time waster,\” National Distribution Union general secretary
Work stoppages at record low
Work stoppage numbers in 2010 were lower than in any other calendar year since the current statistics series started in 1986. Figures published today by Statistics New Zealand (SNZ) show
Jury service campaign launched
A campaign has been launched to encourage people to fulfil jury service obligations. The campaign, which involves a series of posters on websites and in newspapers, is part of a