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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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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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Do You, The client Care?

March 5, 2018

Outsourcing

I always believe transparency and honesty are key business attributes, but I wonder how far that needs to go. For example, most people charge out a greater rate than their costs. This is basic economics; money in greater than money out equals happiness. They don’...
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Minimum Wage Mayhem

January 17, 2018

Minimum wage

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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