Rental tax changes – details announced

The Government has now released the draft legislation around the removal of tax deductions on loan interest for rental properties. Previously, interest payments could be claimed as a business expense and taxed accordingly, giving property investment a tax

COVID-19 Wage Subsidy #4 now available

Fourth COVID-19 Wage Subsidy payment opens today The Government have announced the fourth round of the COVID-19 wage subsidy. Applications for the third COVID-19 Wage Subsidy August 2021 closed yesterday on Thursday 30 September 2021. New applications for

COVID-19 update re wage subsidy

Initial two-week Wage Subsidy August 2021 The initial two-week Wage Subsidy August 2021 which opened on 20 August 2021, will close at 11.59pm tonight, Thursday 2 September 2021. Second round Wage Subsidy August 2021 #2 This will open

Running your business at Alert Level 4

New Zealand is once again at COVID-19 Alert Level 4 and plenty of employers have questions about paying employees, operating your business, and other employment matters while New Zealand responds to the latest COVID-19 outbreak. MyHR’s handy rolling

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