Updates to the RTA π
Are you renting? Recent changes to the Residential Tenancies Act (RTA) make it easier for tenants to make minor changes to the rental property and improves the security of tenure. πΌοΈπ π
See the full list of changes, including a template for requesting to make a change to the property, on the Tenancy Services website πbit.ly...
You can also read our story about the recent changes - and more - in our latest edition of the SuperSeniors newsletter π bit.ly...
π Christmas 2025 Holiday Pay - What You Need to Know π
π Christmas 2025 Holiday Pay - What NZ Employers Need to Know π
With Christmas fast approaching, itβs important to make sure your team is paid correctly over the holiday period - especially with holiday legislation changes on the horizon.
π Good news: For Christmas 2025, the current Holidays Act rules still apply.
Hereβs a simple breakdown π
β
Employees with 12+ months service
β’ Entitled to 4 weeks paid annual leave
β’ Pay the higher of:
π Ordinary Weekly Pay or Average Weekly Earnings
π Full-time example
β’ 8 hrs/day Γ 5 days = 40 hrs/week
β’ $1,200 per week = $240 per leave day
π Part-time example
β’ 3 hrs/day Γ 4 days = 12 hrs/week
β’ $300 per week = $75 per leave day
β
Employees with less than 12 months service
β’ Not yet entitled to annual leave
β’ If your business closes down over Christmas, they must still be paid holiday pay for the closedown period (usually paid via payroll accruals or 8% of gross earnings under current law)
π Christmas & New Year Public Holidays
β’ Christmas Day (25 Dec)
β’ Boxing Day (26 Dec)
β’ New Yearβs Day (1 Jan)
βοΈ If the day is a normal working day, employees are paid for it
βοΈ If they work on a public holiday:
β‘οΈ Time and a half + an alternative paid day off
π Important β Changes Coming
The Holidays Act will eventually be replaced by a new Employment Leave Act, moving to hours-based leave accrual and simplified calculations.
β οΈ These changes are not in force yet, so Christmas 2025 still follows current rules.
π¬ Need help checking your payroll or holiday calculations?
π§ Email: info@corefigures.co.nz
π Website: corefigures.co.nz...
β¨ Feel free to share this with other NZ business owners β¨
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