Author name: hobec_managewp

Alarm Bells are ringing for Sleeping Directors

Alarm Bells are Ringing for Sleeping Directors It has long been commonplace in New Zealand for owners of small businesses to have their husbands, wives or de facto partners registered as directors. Often this appointment is a mere gesture, with the spouse/partner director having little to no involvement in the business. However, these so-called “sleeping …

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Risks of Small Companies Operating a Current Account

Many small companies – especially family-owned or “owner/operator” businesses – have the same directors and shareholders. In these companies, it is common practice for shareholders to have a “shareholder current account”, also referred to as “drawings”. The current account is a debt that can be claimed by the Company against the shareholders. While most shareholders …

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Changes to RMA fees, forms and procedure

New fees and forms are introduced with small changes to service requirements due to recent amendments to the Resource Management (Forms, Fees, and Procedure) Regulations 2003. The changes are brought about because of recent amendments to the Resource Management Act 1991 (RMA) introduced by the Resource Legislation Amendment Act 2017 (RLAA). The change with the …

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Bay of Plenty Steamers

Holland Beckett is a proud sponsor for the 2017 Season of the Mitre 10 Cup.  The Bay of Plenty Steamers had an outstanding 46-17 victory over Hawkes Bay on Friday night and we’re looking forward to the game on Thursday when the Steamers will take on Wellington at the Rotorua International Stadium.  Go the Bay.

Proposed Changes to Tribunals increase Dispute Tribunal Threshold

On 1 August 2017 the Tribunals Powers and Procedures Legislation Bill was introduced into Parliament and amongst other changes increases the jurisdiction of the Disputes Tribunal from $15,000 to $30,000. In practice this means many more claims will come within the jurisdiction of the Disputes Tribunal. A further significant change is that the Real Estate …

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