Unpacking the App Tax: Navigating New GST Rules for Platform Economies
Let's talk "App Tax"! The plot thickens as the "app tax" saga takes a turn: National party hinted at ditching GST rules for platforms, but the new coalition government says, "Not so fast!" Starting April 1, 2024, these rules are locked in—no more tweaks. From Uber to Airbnb, the GST game is changing: platforms, not individuals, handle the load now. Ride-shares, food deliveries, and stays, all under the GST microscope. Questions? Confusion? Dive in with us and explore the new rules, exemptions, and a potential silver lining for asset owners.
Guard Your Business against IRD Audits!
Don't let unexpected IRD audits catch you off guard! Check out the Audit Shield Master Policy — your safeguard against those pesky IRD audit fees. 🌟 Whether it's a call, enquiry, or full-blown audit, they've got your back. 💸 Opt-in for peace of mind! #AuditShield #FinancialSecurity
How Does Tax Pooling Work and Is It Right for Your Business?
Ready to take control of when you pay your income tax? 💸 Say goodbye to rigid deadlines and hello to flexibility with Tax Pooling—an IRD approved game-changer! Let's talk tax pooling and put the power back in your hands. 💪 #TaxFreedom #SmartFinance
Minimum wage increases to $23.15 per hour
The minimum wage is rising as of April 1, 2024 to $23.14. As an employer, you’ll need to keep up to date with the latest minimum pay rates and pay your employees at least the current minimum rate.