This month's newsletter includes important details about the holiday season, including our office closure dates, employee leave entitlements, and a link to our latest blog covering the tax deductibility of holiday gifts and parties.
We also take another look at why having a Will and Enduring Power of Attorney is important, especially for business owners, and how these documents can help avoid problems and keep things running smoothly.
Keep reading for all the details!
Important Updates
Holiday Office Closure Notice
Our office will be closed from 21 December 2024 to 12 January 2025.
For urgent matters, please reach out to us by email at office@denniscurin.co.nz. This email will be monitored regularly throughout the holiday closure to address any immediate needs.
Phone messages, however, will not be cleared until 13 January 2025.
The Importance of Having a Will and Enduring Power of Attorney
In last month’s blog, we highlighted why having a Will and Enduring Power of Attorney (EPA) is crucial for sole company directors and shareholders. We discussed a real-world case where the lack of these essential documents led to major challenges, both for the business and the personal estate. Issues ranged from business instability and tax complications to delays in estate administration.
Our blog covered how proper planning with a Will and EPA can help avoid family conflicts, safeguard your business interests, and ensure continuity should the unexpected happen.
Catch up on the full blog on our website to understand the important role of estate planning in protecting your legacy.
Get Ready for Holiday Leave and Entitlements
With the holiday season approaching, now is a good time to ensure you understand your employees’ leave rights and entitlements. To help, Business.govt.nz posted a comprehensive guide covering annual leave, public holidays, and other types of leave.
Here’s a quick summary:
Key Leave Entitlements
All employees are entitled to paid time off for:
Annual leave
Public holidays
Sick leave
Family violence leave
Bereavement leave
Parental leave
Alternative holidays
Remember to
Keep personnel files up to date to ensure correct data is used for calculations.
Understand ‘Mondayisation’ of public holidays to prevent underpaying.
For more details and guidance, check out Business.govt.nz’s full holiday and leave guide or reach out to your payroll specialist.
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Important Upcoming Dates:
21st December
Our office closes for the holiday period.
Read Our Latest Blog:
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