Key Dates

December 13, 2018

 

Nexia New Zealand – Christmas Hours

Our office will be closed from 12.30pm, Friday 21 December 2018 and will re-open at 8.00am, Monday 14 January 2019.

Upcoming Tax Dates

15 January 2019

Provisional Tax Instalments, Student Loan Interim Payments, GST, Bi-monthly Employer Deductions Returns and Payments are due.

21 January 2019

Monthly Employer Deductions and Quarterly FBT Returns and Payments are due.

Friendly Reminder

To ensure that we can complete your work by the required due date please get any records to us as soon as possible.

Holiday Entitlement - Public holidays over Christmas and New Year

There are four public holidays over Christmas and New Year:

  • Christmas Day (25 December)
  • Boxing Day (26 December)
  • New Year's Day (1 January)
  • Day after New Year’s Day (2 January).

It is important, as an employer, that you are meeting your obligations under the Holidays Act 2003. The Holidays Act 2003 sets out the correct methods for calculating pay for annual leave, public holidays, sick leave and bereavement leave.

We recommend doing regular ‘health checks’ of payroll systems and processes to ensure you are managing the entitlements in accordance with the Holidays Act 2003. Especially at this time of year as calculations can be complex and errors can occur resulting in employees being under or overpaid.

Some questions to ask yourself are: Are you maintaining your employees’ holiday entitlements? Are you correctly administrating leave requests? or Do you have staff who have accrued more than 20 days of holiday pay during the year?

Mismanagement of Holiday Entitlements can be a big cost to a business, which is why we recommend developing a process to check you are doing it correctly.

For any advice or if you would like to discuss any of the above further, please give your Nexia Partner or Client Manager a call.

 

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