The Reserve Bank of New Zealand recently reduced the official cash rate (OCR) to 3.75%. What does a drop in interest rates mean for you, your business and your financial opportunities? Let’s take a look at how a drop in interest rates may affect your finances. Reduced cost of borrowing
Tenancy agreements form the foundation of the landlord-tenant relationship, outlining the rights and responsibilities of both parties. Understanding the intricacies of tenancy agreements and recent legislative changes is crucial. There are two main types of tenancy agreements: fixed-term and periodic, each catering to different needs and preferences. Understanding the differences
From 12 September 2024, Xero is making changes to their Xero plans by launching three new Business Plans, enhancing the Ultimate Plan and reducing their Partner Plans down from three to two. These plans will replace the current plans and subscribers who sign on from this date as well as subscribers wishing to upgrade
The New Zealand government has unveiled its 2024 Budget with a core election promise delivered regarding tax relief of $2.57b through bracket adjustments. With an adjustment to income brackets, tax rates remain the same but the thresholds are raised. The Budget stated that 1.9 million households would benefit from the
Directors of a company have key duties, roles and responsibilities they must carry out. While Directors set the goals of the company, provide leadership and supervision to management, and report to the shareholders, there are also other legislated duties in the Companies Act 1993 that apply to directors. It is critical that directors are
BNZ is changing the way its bank feeds into Xero work, making setup simpler and improving access to transaction data. To ensure your bank feed continues to work, you will need to reconnect your BNZ bank feeds to Xero by 14 August 2023. How to switch to the new Xero
The new Trusts Act 2019 came into force on 30th January 2021 to replace the Trustee Act 1956. Prior to the new Act, trustees not only had to consult the old Trustee Act 1956, they also had to consult about 50 different pieces of case law in order to know their duties and discharge
At Pathfinder Solutions, we are more than Chartered Accountants. We have a genuine interest in helping others succeed and our clients come to us primarily for advice and expertise beyond accounting, because they want something different to what they currently have. Telling you how much tax you need to pay isn’t enough. That’s so
We were privileged to celebrate Kenina Court last night at the CAANZ Annual Fellowship Awards Dinner as she was awarded the FCA (Fellowship of the Chartered Accountants Australia and New Zealand). This is a huge honour and has been described by Liz Hickey, Life Member and former president of CAANZ, as rewarding those who
