Here is a summary of payment options that will apply from 1 March 2020 when IR ceases accepting cheques:- • myIR: You can pay by direct debit and make debit card and credit card payments securely through myIR online services. Visit website (ird.govt.nz) and login or register for myIR. • …
Accounting Advice
The NZ Trust Shake Up
New Trust legislation in New Zealand comes into effect from 30 January 2021. The changes and new obligations are significant. Trusts in New Zealand are estimated to number between 300,000 and 500,000, the equivalent of one trust for every 6% to 10% of New Zealanders, so the overhaul of the …
ACC Advocacy
We are pleased to announce that we partnered this week with risk management consultancy Manage Company to act between us and ACC on your behalf. ManageACC have become our expert go-to people for specific issues and will guide and bat for you should the need arise. We know how confusing and …
Forestry Income
A number of clients have invested in forestry over the years and many forests are now being harvested or will be within the next decade. Often the income generated is substantial with most if not all taxed at the top rate o f 33 percent. For many this is a form of retirement saving so getting …
Invoicing advice for small businesses and sole traders
An integral part to any business, big or small is invoicing. Without generating invoices and ensuring they are paid, your cash flow could cause a few problems. For small businesses and sole traders, having cash to pay contractors/employees/bills is fundamental. Larger businesses often have scope …