NOTICE TO ALL OUR CLIENTS AND EMPLOYERS

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Below is the explanation of Samoa National Provident Fund interpretation of the ACT for understanding and to ensure compliance.

  • Every employee that is paid wages whether it be for one day, 2 days or a week must pay NPF contributions.  This means that the employer is obligated to pay the 10% contributions for such workers/employees [5% employee + 5% employer] irrespective of the length of employment. The employees 5% MUST be deducted from their wages even if they opt not to deduct the 5%NPF. [see Section 22 (1) & (2) and the interpretation of employee (a) & (b)].  If the rate of wages is less than the minimum rate (i.e. $2.00 per hour) then no sum shall be recovered from the employee and the employer must pay the full 10%. [See Section 22 (6)]
  • In reference to the Death Benefit, the 2 years requirement is counted consecutively. That is,  even if there is a break in the employment history of the casual, we count all the bits and pieces to make up this 2 years.
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TAX MINIMIZATION STAGE 1 - THRU APPROVED TOURIST DEVELOPMENT

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The Samoan Government recently passed the Income Tax Amendment 2010 no 33 which allows for any local tax paying entities in Samoa who invests in an approved Resort development to write off the complete value off their investment against their tax liability for that year. This window of opportunity is open for just three tax years till 2013.

This allows Samoan taxpaying entities (individuals or companies) to not only minimize their tax for the next three years, but also to acquire shares in a very promising development.

The Return to Paradise Resort is the only development so far to qualify  for this tax strategy.

Investors are invited to take advantage of this investment opportunity and tax minimization strategy by subscribing to the $5mWST investment available.

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Summary Recap for 2012

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A quick recap on the year 2011 has shown heaps of challenges on both the administration side and the technical side of our business of which in turn resulted in a positive way ahead for the year 2012.

KEY PERFORMANCE INDICATORS

-  Service delivery to our premium customers has recorded an increase in customer satisfaction despite we lost some but also gain some;

-          Improvement in Sports consultancy;

-          Increase involvement with Charity Organization for social benefit (ie Marist Ben Leia Trust, Rugby League Samoa, Penquins International (UK), Borneo     Eagles (Sabah Malaysia)

-          Relocation to our new office at Lotopa and rated as central to both the Vaitele vicinity and town and more space

-          Business Partner Pauga Talalelei been granted Certificate of Public Practice (CPP);

-          Inducted in ADB projects as local consultancy (ie Asset Management Plan – EPC, SWA), School Net Systems etc

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Black Friday Trust Fundraising 2011

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The 2011 Black Friday Trust held another fundraising Dinner at Langham Hotel Symonds Street in Auckland last Friday 12 AugustRon, Dr Raj and Su'a2011. The event was a collaboration of several organizations which includes the Black Friday Trust, NZ Rugby Players Association (NZRPA), and Get Black on your Feet (Catwalk Spinal Cord Injury Trust), NZ Spinal Trust and the NZ Rugby Foundation. Funds raised was purposely for the Setup of a Dedicated Spinal Cord Injury Research Unit and enhance the rehabilitation, Information and support Services for patients and their families as Spinal Rehabilitation Facilities in NZ.

Jackie Clarke MCing the night with live and realistic jokes that got the attention of the audience on the night. Opening Polynesian show with mixture of Samoan slapdance, Cook Islands Tamure and Maori traditional welcome.

 

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World Cup meeting June 2011

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Su'a and Papalii pictured infront of the Rugby League World Cup in the New Zealand Rugby League Office during the

RugbyLeague International Federation

(RLIF) AGM in June 2011.

 

Engage with ADB and World Bank

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SU’A & Associates has recently been engaged as the local counterpart consultant firm for the ADB and World Bank Project in Strengthening of Public Financial Management through Improved Fixed Asset Management TA 7544. The project was target specifically to Electric Power Corporation and Samoa Water Authority (Utility Corporations for Samoa) together with Ministry of Finance.

The primary focus was the assessment of the current practice in Asset Management both systems and non system assets. Tagaloalagi Faafouina Su’a was the engagement partner for Su’a & Associates working together with AARC Independent consultants from Scotland Mr Mark O’Donnell.

First phase of the assessment was carried out in February where findings were made and presented in the second phase held in

May 2011. Various workshops were held at Tanoa Hotel for both Corporations including one for Ministry of Finance.

Recommendations for improvement have been noted in order to Strengthen both Corporations asset management and proposed mapping of substantial assets as a way forward were also the pinnacle of the engagement.

 

Hong Kong IRB World 7s Tournament 2011

Lawrence Dallaglio with Su'a Faafouina Hong Kong 2011Su’a with former English Captain Lawrence Dellalio at the Hong Kong Rugby football Club in March 2011 during the GFI HK 10s b4 the IRB 7s. Dellaglio was the guest at the Tournament together with the World Cup Tour counting down World Cup 2011 in NZ.









Andrew Williams (Penquins), Su’a Fouina (TA Borneo Eagles) and Alapasa Cordtz 9Skipper Borneo Eagles) holding the Rugby World Cup Trophy during the Cup tour at the GFI HK 10s March 2011.

 
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