2025 Mileage Reimbursement Rates
The rates set out below apply for the 2024-2025 income year for business motor vehicle expenditure claims. The Tier 1 and Tier 2 rates reflect an overall…
Minimum Wage, ACC Levies and ESCT Changes 1 April 2025
The adult minimum wage will be rising to $23.50 per hour from 1 April 2025. This is an increase of 35 cents per hour from the current…
Minimum Wage Increase set for 2025
The Workplace Relations and Safety Minister has announced that the adult minimum wage will be rising to $23.50 per hour from 1 April 2025. This is an…
Holidays Act Reform Update
Workplace Relations and Safety Minister Brooke van Velden says she has directed her officials to change the proposed direction of Holidays Act reform. “The Government recently conducted…
New thresholds for reporting Tiers
The External Reporting Board (XRB) has recently announced changes to the threshold size of some reporting Tiers. The new thresholds are set out in the table below:
Updated Tier 3 reporting standards released
The External Reporting Board (XRB) has issued new reporting standards for Public benefit entities (PBEs) currently reporting under Tier 3 Public Benefit Entity Simple Format Reporting –…