Increases to paid parental leave and parental tax credits will soon come into play.   Paid parental leave will increase from 14 to 16 weeks and parental tax credits will go from $150 for 8 weeks to $220 for 10 weeks.

If you're an employee or are self employed, the changes apply if:

  • your child's due date is on or after 1 April 2015, but the child is born before then, or
  • your child is born on or after 1 April 2015, or
  • in the case of adoption, if the date on which you start caring for your child is on or after 1 April 2015




New Zealand Companies will need to provide additional information to the Companies Office as a result of changes introduced by the Companies Amendment Act 2014.

The changes have been brought in to prevent the misuse of the Companies Register, and to give the Registrar of Companies extra powers.  They are designed to improve the quality and integrity of the information held by the Registrar about New Zealand companies, and to assist the Registrar in holding those who misuse the Register to account.

The main changes are:

  • New Zealand incorporated companies need to have a director who either lives in New Zealand , and if they live in Australia, that individual must be a director of a company incorporated in Australia
  • Directors must provide their date and place of birth to the Registrar- date of birth information won't be publically viewable.
  • Companies must publically disclose their ultimate holding company, if they have one
  • The Registrar will have the power to require companies to confirm that information provided to the Registrar is correct.
  • The Registrar will have increased inforcement powers that include the ability to issue notes of inactivity or warning against companies on the Register, to identify controllers of companies, and to de-register companies and prohibit persons from managing companies in certain additional circumstances

From 1 May 2015 all applications to incorporate a New Zealand company will have to:

  • provide all directors date and place of birth
  • have at least one director that either lives in New Zealand, or lives in Australia and is a director of an Australian incorporated company
  • provide details of their ultimate holding company, if applicable

From 1 July 2015 New Zealand companies incorporated prior to 1 May 2015 will now need to provide the following information when they file Company Annual Returns:

  • the date and place of birth of every director- this information won't be publically viewable
  • details of their ultimate holding company, if applicable

TotalAccounting file the Annual Returns for most of our company taxpayer clients.  The above regulations mean that we will be seeking the information of the date and place of birth of every director of your companies when the Annual Returns are due to be filed. A Company Annual Return will not able to be filed if this information is not provided.