Need a bookkeeper?

Why get somebody to do my Bookkeeping?

Why get somebody to do my Bookkeeping? Do you want your business to grow? Do you want happy clients? Do you want to be more efficient? Do you want to make more money? Do you want less stress and worry? Do you want time to plan? Do you want more “me” ...
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Picture of first aid

ACC, do you love it or hate it?

ACC, do you love it or hate it? ACC… Probably out of all the invoices we receive, the ACC invoice may be one of the invoices we least like paying. Perhaps one of the reasons for this is that we do not perceive that we get a lot of value ...
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Fuel tax image

Fuel tax increase, can a business claim it back??

Fuel tax increase, can a business claim it back?? Well the answer is yes and no. Firstly excise tax is applied to petrol to help fund roading costs and repairs and it is charged at the pump. If the petrol driven vehicle is used on the road then normal business ...
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money squeezed

How to pay income tax when it suits you, not when IRD tells you to

    How to pay income tax when it suits you, not when IRD tells you to When cash flow is important or our clients just don't have the money available for tax we have used Tax Management NZ to help them through. Most clients haven't heard of this option so I asked ...
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Reading to a child

Are you going on maternity leave but intend on buying a first home soon?

Are you going on maternity leave but intend on buying a first home soon? When you go on maternity leave and are thinking about buying your first house in the next few years you should consider making voluntary contributions to KiwiSaver or risk missing out on the HomeStart grants. The KiwiSaver HomeStart ...
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Small business surviving Christmas

Guide for small business surviving Christmas

Guide for small business surviving Christmas is a tall order for a problem that creeps up on business every year. You know all year it’s coming but you hit December and have been so busy being busy it’s suddenly here. It’s a tough time for all businesses, for many service ...
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Think smart

What can small business learn from Team New Zealand?

What can small business learn from Team New Zealand? So they had a challenge. They had a small population to draw talent from, a small budget and a need to compete against a larger talent pool with unlimited funds. They were facing competition where the rules are one-sided and unfair. What do ...
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Accountant

Where are your accounts being done, NZ or overseas?

Where are your accounts being done, NZ or overseas? When you engage an accountant or bookkeeper in New Zealand you assume that they are doing your accounts however you may be surprised to learn that this may not be the case. Some firms outsource some or all of the work overseas ...
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Should I rent my house out?

Is renting my house out while I’m away is a good idea?

Is renting my house out while I’m away is a good idea?? There are many ways that you can rent your place out whilst you’re away to get some income to cover your holiday like Airbnb – there’s nothing wrong with that right? Well actually it’s not quite that simple as ...
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tax credit for donation

Are you missing out on a valid tax deduction?

Are you missing out on a valid tax deduction? Are you one of the many generous Kiwi’s who donate to charity each year? Are you one of the generous people who forget to claim for that donation??? You do know that you can claim can claim the lesser of 33.3333% ...
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tax pooling

Help, I’ve got tax debt

"Help, I’ve got tax debt relating to provisional tax or end-of-year tax and I can’t pay it right now” – you want to keep the IRD happy (well who doesn’t) but you aren’t happy or can’t be bothered trying to get a loan to cover it – help!! Tax pooling may ...
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contra tax problem

Contras, must they be accounted for?

Is a contra a good idea? You’re in business and you need some product or service and you know another business that can do that for you & you know that they also need what you do – hey why not contra it and both of you are happy. Easy ...
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Trades help

Tradies – some things to consider.

Tradies have a lot to consider and here is a little "Trades help" for you to think about. Make sure your accounting software is set up correctly so that you can run reports which are of immediate benefit to making sound business decisions. Make sure your reconciliations are correct and ...
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business owners having Xero review

Xero upskilling – why bother, don’t I already know how to use it?

So you’ve used Xero for a while, you pretty much rock it anyway? Hell you know how to do the reconciliations and you can do all the basics so that’s all you really need to know right?? Wrong!! Why wrong - well you are already paying for the software so you ...
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tax help

IRD, get to them before they get to you!

Ringing the IRD & tax is like going to the Dentist with a sore tooth, you know is going to cost you money and it’s going to hurt but the longer you leave it the worse it’s going to get. You may have made a mistake in a GST return, or ...
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Make your accounts work for you

Make your accounts work for you.

Make your accounts work for you is the rule you should apply to your accounts, everybody has to accept the compulsory invitation to the IRD party (there even has to be accounting for Taste) so if you have to do your accounts, or have somebody else do them, then why not ...
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Accounting Meeting

A few things a business needs to consider

Being in business isn’t for the faint hearted yet many are flying solo and doing well, full credit to them – go you good thing. When things are good all is good, it’s when a problem occurs that the wheel can come loose. Below are a few things that should ...
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taxes

Is taxation even legal?

Benjamin Franklin said “In this World nothing can be said to be certain, except death & taxes”. Damn, well death is something we cannot do anything about but can we stop taxes?? So what is tax, it is a compulsory contribution to state or local body revenue, levied by the government ...
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cash tax payments

Cashies – is it worth it as a customer or a supplier?

Cash jobs have been a part of New Zealand life since God knows when, but these days things have changed – there are more sharks out there doing business & the IRD is cracking down hard. So is the “cashie” still worth the risk? As a customer. It’s not illegal to advertise ...
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