IRD numbers required for trusts to buy and sell residential property from 1 October 2015
This could cause a problem for any trust if the sale or purchase is due to settle after that date.
Changes to Health and Safety Law are on their way
The long-awaited Health and Safety Reform Bill passed into law on 27 August and the Health and Safety at Work Act 2015 will come into force in April next year.
Business Interruption Insurance
When considering your next business insurance policy the most important part is the fine print. Many people, particularly business owners, have recently learnt harsh (and expensive) lessons on their business insurance.
Minimum Wage (Contractor Remuneration) Amendment Bill
Introduced to Parliament in June as a private members’ bill, the purpose of this Bill is to amend the Minimum Wage Act 1983 to extend its provisions to apply to...
Zero hours contracts - new legislation introduced
In mid-August, the Employment Standards Bill was introduced into Parliament and, amongst other things, deals with the controversial issue of zero hours contracts.
Cheaper capital raising ahead for small code companies
The Takeovers Panel has granted a class exemption allowing small code companies to issue new shares, without needing to first obtain shareholder approval, in circumstances where the issue would otherwise...
Changes proposed to the Residential Tenancies Act 1986
Most staff employed on farms are also supplied with accommodation on the farm. With that comes rights and obligations as a landlord and employer.
Employment Standards Bill – minimum employment standards
In March 2015, the government announced a package of measures designed to strengthen the enforcement of minimum employment standards.
Terms of Trade
Despite a post-quake construction boom in Christchurch, an unprecedented number of building firms are going bust.
Budget 2015: Introduction of the 'Bright Line' Test for Property Investors
This year’s Budget, delivered on 21 May, contained few surprises and, generally speaking, little of significance for business.