Work through the points below to straighten things up for the end of the tax year. Ask us if you would like more information. Think about … Deductions Bad debts Write bad debts off in your debtor ledger before balance date so you can claim a deduction. Make sure your records show you have taken […] Read More
Sorted Accountants
Hiring staff for busy summer period
Filling employment gaps over summer With the holidays coming up, you may have started to think about whether to employ some extra people over the holidays. If you do, think carefully about the kind of help you need and broadly what kind of employment contract is best suited to the situation. It’s important to make […] Read More
Are you a landlord?
Do you own rental properties? On 1 October 2016 changes to the Residential Tenancies Regulations came into force to reflect new standards on insulation. Standards New Zealand’s ‘Energy efficiency – Installing bulk thermal insulation in residential buildings’ provide extended guidelines for insulation installers and building owners. This follows up on changes which took effect on […] Read More
**BEWARE** Phishing Scam – Fraudsters posing as IRD debt collectors
Over the past two weeks Inland Revenue has received reports of a telephone phishing scam from several hundred customers around New Zealand. The scam calls have been made to landlines and mobile phones, with messages being left on voicemail if the calls haven’t been answered. The callers state that they are from the Inland Revenue Department […] Read More
Provisional Tax – Budget 2016
Making tax simpler In April, the Government announced proposals to simplify business tax, with legislation to be passed in August this year. They asked for feedback by end May on the best way to implement these proposals. The earliest of the changes would take effect from April 2017, with more coming online in 2018. At […] Read More
Health & Safety Act 2015
Last night we had our first seminar on the new Health and Safety Act. It triggered a great discussion among the clients who made it. We had a range of attendees going from completely ignorant through to those who help business prepare health and safety plans. Loved the feedback and we all learnt a lot. […] Read More
Tax changes from April 2016
Health and safety Changes to health and safety laws take effect from 4 April 2016. The new law says you need to take reasonably practical steps to manage any critical risks – those that could cause illness or injury serious enough to keep someone off work. Have you assessed how the new laws affect your […] Read More
IRD Targeting the Cash Economy
Inland Revenue’s crackdown on ‘cashies’ continues with their focus on undeclared cash in the construction and hospitality sectors. Last year, the Auckland region saw the most activity. Inland Revenue are now widening their reach. They’ve been trying to change attitudes among tradies and subcontracting businesses and their efforts seem to be getting results. Inland Revenue […] Read More
Turn on the Charm
It is one thing to have good leadership skills, but charisma is something else. To be compelling enough to inspire employees and those around you requires awareness and skill. There are small but meaningful steps you can take. By doing so, you are likely to improve the attitude of your employees and those you come […] Read More