Which workers will lose out to robots

A phone call to customer service or a trip to the mall proves what experts have been telling us for decades – automation is changing the work landscape by eliminating some jobs and creating others. Which careers are most at risk, and which are safe? Bay of Plenty Times Weekend reporter Dawn Picken talked to…

Working on a public holiday

An employee is entitled to a full alternative day off if they work on a public holiday — no matter how many hours they worked that day. But they don’t get an alternative day off — also called a day in lieu — if: they only ever work public holidays they wouldn’t normally have worked…

Paying staff over the holidays

When there’s a public holiday on a day your employee usually works, they’re entitled to a paid day off — no matter how long they’ve worked for you. You can only require employees to work a public holiday if it’s written in their employment agreements. Also, if they agree to work, you must: pay them…

Business gifts and entertainment

If you are taking staff out for a meal this is an entertainment expense and you can claim 50% as a business expense.  Generally, you can also claim the costs of gifts as a business expense, for example hampers or gift vouchers. But you may need to pay fringe benefit tax on these gifts. Fringe…

Christmas Staff Party

Time to start preparing for the Christmas break.  The Christmas run-up can be frantic for small business.  Thinking of throwing a staff Christmas party?  This is a great way to see out the year and celebrate successes, but there are tax considerations to think about. You can claim some costs of a party or staff…

Rental Properties and Natural Disasters

What do you do if your rental property has been damaged in a natural disaster – such as an earthquake, a storm or a flood? First things first the landlord and tenant should get in touch with each other to check everyone is safe and to discuss any damage. If the rental property premises has…

Healthy Rental Homes

Everyone would like a healthy home, but if you have  a rental property who’s responsible for keeping your rental home in a good condition? It is the responsibility of both the landlord and tenant to ensure that the rental property is healthy.  Here are a few tips on how to work together to ensure that…

To Manager your rental property

To manager your rental property you must ensure that you are paying the right tax on the rental income. What this means is that if you get money from renting out your house, a room, a caravan or a sleep-out for any time at all – it’s income.  This means you must file a tax…

Travel to your Rental Property

If you use your own vehicle during renting your property, for example, travelling to inspect a property or to do some repairs, you may be able to claim some vehicle running costs as an expense against your income. There are a few options for claiming motor vehicle expenses: Use the Inland Revenue mileage rates. These…

Insurance on Rental Properties

When it comes to rental properties it is advised that both the landlords and tenants need insurance. And this is why…. Landlords should insure their rental property against any damage, either accidental or otherwise.  It is important to check exactly what your policy covers and that the insurance covers the rental property.  Some insurers cover…