Penalties Increase for Cartel Conduct

Penalties Increase for Cartel Conduct

On 8 April 2021 new changes to the Commerce Act 1986 came into effect which provided that cartel conduct can now be punished with a ... read more

Governance AKA setting the boundaries

Governance AKA setting the boundaries

Governance tends to be something that is dismissed by small businesses as “not applicable, because that only applies to ... read more

Can I fire someone or not hire them for not getting a COVID 19 Vaccination?

No, you can’t make this compulsory.  Under the NZ Bill of rights act 1990 everyone has the right to refuse to undergo medical ... read more

Managing sick leave so you don’t get caught out if the law changes

There is currently a Bill before the Select Committee to increase the amount of employer funded sick leave to 10 days. This is NOT law read more

Jan 2021 Minimum wage is increasing – HRToolkit

In effect from 1 April 2021 which represents another 5.8% increase, or a 31.1% increase over the last 5 years. Unfortunately, this is ... read more

2021 march Bonus schemes – HR Toolkit

We all love a bonus, so they are a fantastic motivational tool. Often giving a far greater return on effort than is necessarily ... read more

When a beneficiary can become a settlor

When a beneficiary can become a settlor

The Inland Revenue have issued a policy document to clarify the position of undrawn beneficiary accounts in trusts. From 1 April 2020 a read more

What is my PIR and why does it matter?

What is my PIR and why does it matter?

When you invest in a multi-rate PIE you need to provide them with your prescribed investor rate (PIR) and your IRD number.  Making sure read more

Tax Payments – When are these received in time?

Tax Payments – When are these received in time?

Inland Revenue (IR) has recently updated its policy for when tax payments are accepted as having been made in time. With the ... read more



A quick summary of the deductibility of entertainment cost including fully deductible expenses, 50% deductible entertainment expenses ... read more

Ring Fencing Rules & Tax Policy Update

Ring Fencing Rules & Tax Policy Update

Recently, new subpart EL of the Income Tax Act 2007 introduces rules to ring-fence deductions for residential properties to income from read more

Individual’s Made Easy

Individual’s Made Easy

With the yearend fast approaching or has just been it is important for individuals to remember that they are not required to file a tax read more

Are all shareholders on the same page?

Are all shareholders on the same page?

When starting a new business with another person, or introducing a new shareholder, there are many aspects of the business competing ... read more

The new Trusts Act and its implications for Trustees

The Trusts Act 2019 (Act) comes into effect in January 2021, providing the first major reform to trust law in over 70 years. Although ... read more

Are you sure you can make that environmental claim?

Consumers are increasingly basing their purchasing decisions on the environmental impact of the product or service. As a result, ... read more

Can I trust ‘my’ Trust if my relationship breaks down?

‘Can I trust 'my' Trust if my relationship breaks down? It is generally well understood that if your relationship comes to an end ... read more

Women doing business – ‘The Heart of a Community’


Government Announcement re small business rent disputes

There has been much debate regarding what a fair rental reduction is under commercial leases where businesses have been affected by ... read more

COVID response – Safe Harbours and Debt Hibernation Scheme now law

On 15 May 2020 the COVID-19 Response (Further Management Measures) Legislation Act 2020 became law. This means that two key insolvency ... read more

Time for a change? Buying a franchise?

The impact of COVID-19 may be felt for many months to come and will result in a number of people considering a change of direction or ... read more

Changes to the Business Finance Guarantee Scheme: Abnormal Lending on Normal Terms

On Friday, 1 May 2020, the Government announced changes to the operation of the Business Finance Guarantee Scheme (BFGS). As readers ... read more

Covid-19 – Resumption of building work at Alert Level 3

Property owners and builders alike will have welcomed the Government announcement this week that the country will move to Alert Level 3 read more

Alert Level 3 – Implications for Commercial Contracts and Leases

The Government has announced that most, but not all, businesses can start to open when we shift to Alert Level 3. The businesses that ... read more

Significant changes to Company Law announced

On Friday, 3 April 2020, the Government announced significant insolvency law changes in response to the likely economic impact of ... read more

Covid-19 – Tax & Wage Subsidy – Common questions on support for Employers during COVID-19

If, as an employer I am receiving the wage subsidy on behalf of an employee, do I have to pay GST on the subsidy? No – it will be ... read more

Covid-19 – Lockdown Level 4 – Commercial Contracts & Leases – Martelli-McKegg

The latest business restrictions announced by the Government will impact a number of commercial contracts and leasing arrangements.  We read more


With the nation now in lock-down phase as a result of the Covid-19 crisis, many employers are considering how they can look after their read more

COVID-19 Tax Relief for Businesses

New Zealand government has offered some tax relief due to the COVID-19 (novel coronavirus). In regards to provisional tax, you may be ... read more

Business Forum – ‘Workplace Wellbeing’ 22 July 2020 @ Lula Inn – The Viaduct

The 2020 Workplace Wellness Business Forum is to be held on 22 July 2020 at The Lula Inn, Viaduct, Auckland. The Engine & Business ... read more

IRD Audit Hospo Industry 2020

IRD have just advised that this year they are specifically targeting the Hospitality industry and will be contacting clients in this ... read more

Do you pay your taxes by cheque?

Do you pay your taxes by cheque?   Five new ways to do it. If you normally write a cheque to pay for your taxes, it’s time to ... read more

Reminder: Rental losses ring-fenced from 2019/2020 tax year

Reminder: Rental losses ring-fenced from 2019/2020 tax year   The new law on ring-fencing rental losses is now in force, which ... read more

The benefits of external business advisory help – we have walked in your shoes.

Running a business can often seem daunting, complex and lonely. The Team at The Engine can help you on the path to success. Whether you read more

The Engine Membership Benefits

The Engine’s Membership at all three levels will have you thinking through real life situations and proven solutions via our resources. read more

New Drug Testing Standards

New Zealand and Australia received new standards and procedures for specimen collection, detection, and quantification of drugs in oral read more

Rest and Meal Breaks vs the Bus Industry

With the current Government going back to old legislation around Rest & Meal breaks, the Bus industry has been tipped into turmoil ... read more