NOCLAR - what?

An international ethics standard was enacted in New Zealand on 15thJuly 2107 which has important considerations for me as an accountant and you as a client. It’s a first-of-its-kind framework to guide auditors and other professional accountants in what action to take in th...
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Fearing The Health and Safety Act

I was talking with a sole trader panel beater and asked if they would take on an apprentice.  “No, I wouldn’t be able to leave them alone in the workshop because if they hurt themselves I’d be liable”.   I was surprised to hear his reaction.&...
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Thieving From The Community

The IRD website states “Prosecution is one way the Commissioner of Inland Revenue protects the integrity of the tax and social policy systems she is statutorily responsible for.  It is an enforcement activity, usually of last resort,…”  IRD has a complia...
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Do You, The Client, Care?

I always believe transparency and honesty are key business attributes, but I wonder how farthat needs to go. For example, most people charge out a greater rate than their costs. Thisis basic economics; money in greater than money out equals happiness. They don’t tellcustom...
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Minimum Wage Mayhem

I was with some people the other day and the conversation came around to the pending increase to the minimum wage. The comment that struck me the most was “I’ve heard a lot of businesses say that they won’t be able to employ anyone, unemployment will increase”. ...
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Did you Know?

September 6, 2017

Expenses - Business or Personal?

People claim expenses in businesses all the time - materials for building products that they sell, wages to staff, motor vehicle expenses for getting out and visiting clients, rent for premises used in selling, storing or manufacturing goods, legal expenses incurred to recov...
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Business expensescomplianceHealth and Safetyminimum wageNOCLAR
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