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	<title>Paul M Dodd &#38; Associates</title>
	<link>http://www.pauldodd.co.nz</link>
	<description></description>
	<lastBuildDate>Wed, 07 Dec 2011 03:02:51 +0000</lastBuildDate>
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	<language>en</language>
	
	<item>
		<title>Rena grounding</title>
		<description><![CDATA[Depending on your personal circumstances, there may be some options  available to help you if the grounding of the Rena has directly impacted  your business or income, and your ability to make tax payments has been affected.
Check the Inland Revenue website for more information: http://www.ird.govt.nz 
]]></description>
		<link>http://www.pauldodd.co.nz/rena-grounding/</link>
			</item>
	<item>
		<title>Effective time management</title>
		<description><![CDATA[Time is money! So how can your businesses develop good time management skills and improve productivity?

Identify the most important issues, and deal with them first.
Sort jobs in order of importance and delgate them appropriately.
Ensure that staff are able to deal with the jobs they are given.
Make punctuality a company policy.
Ensure that meetings are meaningful and [...]]]></description>
		<link>http://www.pauldodd.co.nz/effective-time-management/</link>
			</item>
	<item>
		<title>Ultra fast broadband for Auckland businesses</title>
		<description><![CDATA[
Business people, innovators and entrepreneurs of New Zealand will be able to compete with anyone, anywhere in the world soon when the Government&#8217;s Ultra Fast Broadband (UFB) initiative is introduced.
Under the UFB initiative, Chorus will roll out fibre across Auckland and 23 other   centres over the next eight and a half years.The cities [...]]]></description>
		<link>http://www.pauldodd.co.nz/ultra-fast-broadband-for-auckland-businesses/</link>
			</item>
	<item>
		<title>Changes to IR laws</title>
		<description><![CDATA[New amendments to the Employees Relations Act have been enacted and will come into affect on 1 April 2011.
More detail should be sought, however, some significant sections are as follows:

Every employer will be required to keep a copy of every signed employment agreement from 1 July 2011.  Failure to produce a copy of the agreement [...]]]></description>
		<link>http://www.pauldodd.co.nz/changes-to-ir-laws/</link>
			</item>
	<item>
		<title>Extension of redundancy tax credit</title>
		<description><![CDATA[Due to the Christchurch earthquake, Peter Dunne, Revenue Minister of New Zealand, has announced an extension of the redundancy tax credit until 31 March 2011.
After the disaster on the South Island, the extension is applicable to everyone receiving redundancy payments before 1 April 2011.  The rate is 6 cents in the dollar to the maximum [...]]]></description>
		<link>http://www.pauldodd.co.nz/extension-of-redundancy-tax-credit/</link>
			</item>
	<item>
		<title>Change to small business definition</title>
		<description><![CDATA[On 1 January 2011, the definition of what constitutes a small business changed.  From that date, businesses must have fifteen of less employees based on a head count of employees, rather than full-time equivalent employees, to be considered a small business.  Your employee headcount should now include full time, part time and regular casual employees.
This [...]]]></description>
		<link>http://www.pauldodd.co.nz/change-to-small-business-definition/</link>
			</item>
	<item>
		<title>Voluntary disclosure of offshore income</title>
		<description><![CDATA[
In this new financial year, Inland Revenue will be closing in on individuals and businesses that fail to report taxable income from offshore. Undisclosed international bank accounts, assets, life insurance policies and superannuation accounts held overseas will be of particular interest in 2010/11.
An increase in assessments and audits, as well as collaboration with international taxation [...]]]></description>
		<link>http://www.pauldodd.co.nz/voluntary-disclosure-of-offshore-income/</link>
			</item>
	<item>
		<title>Australia and New Zealand’s Double Tax Agreement</title>
		<description><![CDATA[New Zealand and Australia’s new double tax agreement entered into force on the 19th of March this year.
For cross-border dividends, the provisions of the agreement will apply to amounts paid or credited from 1 May 2010. Article 10(3)(c) of the agreement provides that a competent authority determination may be made on whether a zero-rate of [...]]]></description>
		<link>http://www.pauldodd.co.nz/australia-and-new-zealand%e2%80%99s-double-tax-agreement/</link>
			</item>
	<item>
		<title>Penalties for non-payment of employer monthly schedules</title>
		<description><![CDATA[The IRD has been reinforcing its position with employers not meeting their payment obligation. Non-payment penalties are issued by the IRD to employers who fail to pay their employer monthly schedule (EMS) obligations in full or on time.
A non-payment penalty is 10 % of the amount outstanding and applies when non-payment continues after the IRD [...]]]></description>
		<link>http://www.pauldodd.co.nz/penalties-for-non-payment-of-employer-monthly-schedules/</link>
			</item>
	<item>
		<title>IRD introduces new tax rates</title>
		<description><![CDATA[The Taxation (Consequential Rate Alignment and Remedial Matters) Act 2009 introduces changes to secondary tax rates and new calculations for extra pays/lump-sum payments, effective from 1 April 2010.
New RWT, secondary tax, RSCT and extra pay rates from 1 April 2010
$0 &#8211; $14,000
12.5%
$14,001 &#8211; $48,000
21%
$48,001 &#8211; $70,000
33%
$70,001 and over
38%
Current RWT deductions at the rate of 19.5 [...]]]></description>
		<link>http://www.pauldodd.co.nz/ird-introduces-new-tax-rates/</link>
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