12:55 PM Tuesday Dec 21, 2010 An Auckland businessman who manipulated the company payroll to give himself a $10,000 payrise, has been sentenced to 200 hours’ community work. Mark Joseph Benjamin, a 45-year-old chartered accountant was convicted of seven fraud charges after a judge-alone trial in the district court last month. He was earlier fighting
Month: December 2010
Government Question and Answer document on the ACC changes
Click here to download ACC Questions and Answers.
Govt opens ACC to private sector
12:15 PM Tuesday Dec 21, 2010 The Accident Compensation Corporation’s work account, which covers workplace injuries, will be opened up to private insurers, ACC Minister Nick Smith says. The decision was announced today following the Government’s consideration of a \”stocktake\” of the scheme begun late last year. The work account was opened to private insurers
ACC thresholds and caps – a quick guide
This guide was provided by Tasneem Gould, Business Analyst from PayGlobal. Tax Code Ordinary Pay Extra Pay M Capped Capped ML Capped Capped ME Capped Capped SB Not Capped Capped S Not Capped Capped SH Not Capped Capped ST Not Capped Capped CAE Not Capped Not Capped EDW Not Capped Not Capped ND Not Capped
[IRD] Revenue Alert – Cloud Computing : What it means for software developers
On 13th December Inland Revenue issued a Revenue Alert on “cloud computing” and the implications this has on tax records. The alert has generated some discussion from Software Developers and the IRD SDLU wants to clarify Inland Revenue’s position as it applies to software developers. A Revenue Alert is intended to provide information about
KiwiSaver should be compulsory, says Kiwibank
State-owned Kiwibank wants the KiwiSaver scheme to become compulsory for everyone with an income above a prescribed level. \”In our view, compulsory KiwiSaver would significantly increase retirement incomes, and therefore quality of life in retirement,\” Kiwibank said in a submission to the Savings Working Group. \”It would also provide a significant savings cushion, reducing dependency
DOL Q&A on the Holiday Amendment Act 2010
Please confirm if only leave that becomes entitled on or after 2010 can be cashed out, and not leave entitled prior to this date no matter how large the leave balance from previous years. (Also, what if the leave is left over from 2005 – before the 4 week minimum entitlement) Only annual holidays
[IRD] December 2010 – New employer obligations for overseas workers
In this issue: New employer obligations for overseas workers, file your GST transitional returns online, FBT rates from 1 October, Budget tax changes for April 2011, our services over the holiday season, Business.govt.nz website, updated online tax statistics, tax relief for extreme events, and redundancy tax credit. Here’s the link to the December issue
[IRD] December 2010 * filing guideline dates for 2011
In this issue you can read about, best wishes for the festive season, our services during the holiday season, thanks for your support after the Canterbury earthquake, interim IR 4J – are you completing them? Southland/Otago adverse weather – tax relief, IETC reminder, paper correspondence and you, GST adjustments at 12.5%, unclaimed monies, qualifying company