The Business Advisory Blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Auckland

Celebrating Client Success with Dell Electrical

Celebrating over 50 years of working with Dell Electrical, a trusted Auckland business built on family values.

accounting

Subbies and Head Contractors take note

Proposed changes to the Construction Contracts Act 2002 means better outcomes for trade industry subbies and head contractors trying to get paid on the completion of jobs. The proposed amendment to the Act means that retention monies previously withheld against potentially defective work will be more formally managed and accounted for correctly. The move sees subcontractors elevated from bottom-of-the-barrel status of being an unsecured creditor to a status that sits right up the top along with the likes of the IRD, which we think is great news!

The Business Advisory Blog

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