Protecting your digital assets

Protecting your digital assets

Whether it’s marketing material, legal documents or customer details, businesses nowadays depend on the digital for operation. This is why it’s so important to make sure your digital assets are protected and safe from hackers, viruses and malware. Keep track of all your digital assets Listing all of your digital assets will make it easier…

Defamation law in New Zealand

Defamation law in New Zealand

Defamation is a statement published or spoken that negatively impacts the reputation of a person. In New Zealand, the laws of defamation are governed by the Defamation Act 1992 To have a successful defamation action, the plaintiff will need to establish that the statement was defamatory towards them and was communicated to one or more…

Is a pay cut worth it

Is a pay cut worth it?

When looking for a new career opportunity, a pay cut is something that may come up with a job offer. There are factors such as experience, field of work, job demand and potential for growth that all affect a salary offer. Deciding whether or not to take a pay cut with a new position can…

Deducting holding costs for privately used land

Deducting holding costs for privately used land

Inland Revenue released a consultation document in October 2019 regarding the deductibility of holding costs for private uses. Holding costs are expenses including interest, insurance, repairs and maintenance. The document proposes three options for the treatment of holding costs for periods when land is used privately: Apportion the holding costs between private use and the…

Introducing Better Later Life

Introducing Better Later Life

Better Later Life – He Oranga Kaumātua 2019 to 2034 is the Government’s plan to provide older New Zealanders with a better quality of living. The strategy was launched on 1 November 2019. Designed to ensure everyone gets the chance to live well as they get older and create opportunities for everyone to participate, contribute…

Creating a successful work team

Creating a successful work team

If you’ve never had a bad teamwork experience, then you’re often considered to be very lucky. Creating a successful team at work can be challenging as it forces people with a range of opinions, values, work styles, work goals and past experience to work together in proximity. To help build a successful team, certain measures…

Building customer relationships on social media

Building customer relationships on social media

With the overflow of businesses posting high-quality content on social media every day, it can be a challenge to make yourself stand out and keep people’s loyalty. One way to increase consumer appreciation and attract returning customers is to work on developing relationships on social media. Create good captions:Having a caption that only consists of…

How to prepare for a quick hire

How to prepare for a quick hire

With usual recruitment cycles taking up to two months, business owners may panic when faced with the need for a quick replacement. Fortunately, there are some ways to prepare for a speedy recruitment process: Look internallyExternal hiring can be lengthy, between interviews, background checks and competency tests, an external hire can take months. Consider notifying…

Tips to speed up invoice payments

Tips to speed up invoice payments

Taking care of invoice and billing payments can often be an onerous task for many small businesses. However, very few things are more important in the business industry than getting paid on time, since delays in payments can disrupt a business’s cash flow quite seriously. Business owners looking for best practice tips to get paid…

What you need to know about BFAs

What you need to know about BFAs

A Binding Financial Agreement (BFA) is the Australian equivalent of a prenup. It is used to agree in advance on how a couple’s property and other assets would be distributed should their marriage or de facto relationship break down. The Agreement can cover financial settlement, spousal maintenance and any other incidental issues. BFA’s can be…

Record keeping for KiwiSaver

Record keeping for KiwiSaver

Keeping track of KiwiSaver amounts for individuals and contributions for employers is key in ensuring you are receiving the money you are entitled to. Individuals can view contributions made through their My KiwiSaver account. My KiwiSaver shows contributions when they have been processed through an employers payroll report. This can take up to three months…