If you are in business you are legally required to keep and be able to show your financial records. It is essential to keep accurate records, such as in a cashbook or an accounting software programme. You must keep records for a minimum of seven years. This includes invoices, receipts, wage books, petty cash books,…Details
The Inland Revenue Department advises that effective from 1st October 2016, non-resident businesses that supply remote services (including online services) to customers resident in New Zealand will be required to register for NZ GST and charge GST on those services. Remote services can include: Digital content such as e-books, movies, TV shows, music and online…Details
Join us for a free seminar where our experts will share their knowledge, experience, tips and strategies to help you transition in business. Planning for the future is critical in business. While you may not be expecting to make a major change, none of us know what is around the corner and long term planning…Details
Encourages labour market mobility of senior executives and High-Net-Worth investment from overseas Western European economies’ property taxes among the highest New Zealand levies one of the lowest property purchase taxes in the world on prime real estate, charging no tax (0%) on a property purchase of USD$1 million, reveals a new study by UHY International.…Details
We have welcomed on board a new Senior Accountant. Stoven Kennerley joins us with over 5 years’ experience gained in Auckland-based accountancy firms. Stoven is married with two young children, and we’ve already had the pleasure of sampling his wife Anne’s awesome baking. Outside of work he enjoys hunting, a bit of DIY, and attempting to…Details
- Welcome to the accounting department, where everybody counts.
- It’s accrual world.
- Where do homeless accountants live? In a tax shelter.
- A fine is a tax for doing wrong. A tax is a fine for doing well.
- What do you call an accountant with an opinion? An auditor.
Brendon Stuckey of Quinovic Property Management shares with us his top tips for tenanting rental properties. Always conduct reference checks on tenants. It is common practice for tenants to provide contact details for several referees in the application process, which may include previous/current landlords, family, friends, employers and co-workers. Take the time to contact the…Details
Jennifer Wyatt Sargent of Wyatt Sargent & Associates Ltd explains the major changes for New Zealand employers brought into effect by the Employment Standards Legislation Bill. One bill – the Employment Standards Legislation Bill – gave rise to five amendment Acts, which all came into force on 1st April 2016. They are intended to address…Details
Wayne Semmens from Scottish Pacific Business Finance shares his top five ways that small business owners can improve their cash flow. In a recent survey conducted for Small Business Week to identify major areas of stress for small business owners, it concluded that small business owners struggle to maintain adequate cash flow. In fact, of…Details
Eligible New Zealand entities are now allowed to have a New Zealand Business Number (NZBN). This is aimed at reducing the time and money businesses spend on interacting with the government, this unique identifier will be used for all government interactions. The Use of Money Interest Rates have been amended to: Decrease from 9.21% to…Details
We are extremely proud to tell you about our new initiative: the UHY Haines Norton $6,000 Study Scholarship 2016. This is a NZ$6,000 grant towards study fees of an undergraduate Bachelor of Commerce or Bachelor of Business Studies to a Year 13 student attending selected West Auckland secondary schools. The grant is awarded as NZ$2,000…Details