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Keep our money clean

August 19, 2019

What's it all about and do the benefits outweigh the costs??

You’ve probably already heard that $1.35 billion is estimated by the New Zealand Police to be laundered through New Zealand businesses by criminals – mostly drug dealers, fraudsters and tax evaders.  It’s been in the keep our money clean campaign been run by the g...
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Timing

October 28, 2018

Where has the time gone?

If you are anything like me you’ll be thinking where has the time gone?  Only two months left of 2018, eight Tuesdays to Christmas, even less paydays and only two and a half GST periods until the end of the financial year!  And this is supposed to be an...
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Farewell 2018

December 12, 2018

Good Bye 2018

Well it’s damn near the end of 2018! I’ve decided to take a bit of a break over the festive season closing on Friday 21stand reopening 14thJanuary.  I hope you all get a well-earned rest at some time this summer. I thought I’d go over what we look for when co...
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Payday Filing

September 16, 2018

Payday Filing

You might have heard already about payday filing, but here is some information that might be helpful. Currently each month you would file either by paper or electronically your employer monthly schedule (EMS IR348) and your employment deductions (IR 345) to Inland Revenue (I...
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AML/CFT

The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) has extended its reach to Accountants, bookkeepers and tax agents from 1stOctober this year.  Lawyers came under the Act earlier this year and real estate agents will enter early...
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In my last newsletter I spoke about business revitalisation and how it can also revitalise yourself and how you work in and feel about your business.  I’ve been following the process for a couple of months now with Accounta and can see the difference it has made ...
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Business Revitalisation

June 20, 2018

More Profit

This article is a bit different from my usual in that I want to explain a new service I am offering. It’s come about due to my own reflections on where my business was going and how was it doing? Was Accounta actually making a profit – not just for tax/accounting purpose...
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COCLAR - What?

May 14, 2018
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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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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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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