Just in case you missed it - 2017 Law Changes you should be aware of:
Just in case you’ve missed it, here are the 2017 NZ Law Changes you should be aware of:
1. Minimum wage rates rise – The adult minimum wage rate has gone up 50c to $15.75 an hour.
2. GST online services – you can now file and pay your GST at online – there’s no need to send them by post anymore. Talk to our team at TAG if you want to learn how.
3. Cheaper ACC Work levies – you don’t need to do anything, ACC will calculate your new levy, which will be in your next invoice.
4. Contractors – All contractors can have tax deducted from their pay at a rate of their choosing. New Zealand tax residents can pick any rate from 10% up to 100%. Could be the way to go if you are bad at saving your tax money! Recruiters must do this now,
For more information on these 2017 Law Changes, check them out on the Ministry of Business, Innovation and Employment Website by Clicking Here, or contact the Team at TAG Business Services for help. If we don’t know, we’ll point you in the right direction.
Call us today 021 297 5550 or send us a message