ONLA WINTER NEWSLETTER 2025
We’re excited to share some recent changes behind the scenes at ONLA. After many years of dedicated service, Bobbie O'Fee and Zoe Palmer made the personal decision to step back from the management responsibilities of running the ONLA firm, whilst remaining very much a part of the ONLA team, allowing them to focus more closely on their client relationships and professional interests. We fully support their choice and appreciate their continued presence and commitment. Bobbie can usually be...
July 1, 2025GST in New Zealand: What Every Business Needs to Know
If you're running a business in New Zealand, chances are you've heard about GST – Goods and Services Tax. But how does it actually work, and what do you need to do to stay compliant? In this blog, we’ll break down the essentials of GST so you can manage it with confidence and avoid any nasty surprises from the IRD.What is GST?GST (Goods and Services Tax) is a 15% tax added to most goods and services sold in New Zealand. If you’re GST registered, you’ll charge this tax to your customers, ...
May 7, 2025Fringe Benefit Tax (FBT) in NZ: What Employers Need to Know
If you’re providing perks to your employees beyond their usual salary—like company cars, gym memberships, or subsidised meals—you might need to pay Fringe Benefit Tax (FBT). In New Zealand, these non-cash benefits are considered part of an employee’s overall remuneration, and the IRD wants its fair share.So let’s break down what FBT is, what’s taxed, how it works, and how to stay on top of your obligations.What is Fringe Benefit Tax (FBT)?FBT is a tax that employers pay on certain be...
April 2, 2025Change to the Trustee Tax Rate
As you will be aware as part of the Budget, the Government announced that it would raise the tax rate on trusts from 33% to 39%. The intention is to align the top personal rate with the Trustee tax rate.New information from Inland Revenue has shown an almost 50% spike in income subject to the trustee rate when the new personal income rate came into effect.While the change to the trustee tax rate is still subject to consultation through the Select Committee process, the change is expected to...
August 24, 2023We Are Now Offering Digital Signing
As a business we have recently decided to move to a streamlined easy-to-use electronic signing platform via FuseSign. One of our highest priorities is getting documentation out to our clients as quickly and securely as possible and with FuseSign we can achieve both of these effortlessly while providing you with the best experience possible.What does this mean for you?Within FuseSign we have set you up with your contact details including your mobile number. Mobile numbers are important in the Fus...
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