Loss Ring-fencing on Rental Properties The government has just introduced their long signalled changes to rental property tax into Parliament. They propose introducing loss ring-fencing on residential rental properties, just in time for Christmas! The proposed bill can be best be described as complex, but we have tried to give a flavour of the proposed …
Variable Pay for Employees Variable pay is a way to allow employees to share in your organisation’s success, and it’s one of the most common questions we are asked about. It’s sometimes referred to as incentive pay, performance pay, or simply bonuses. Employers are looking for ways to build employee engagement and wonder if variable …
Christmas & New Year Holiday Hours Our office will close at midday on Friday 22 December, 2018 and reopen on Monday 14 January 2019 at 8:00am. We hope all our clients take the time to relax and enjoy the company of friends and family. You deserve it. To all our clients, we wish you a …
Working Capital For Startups: Why It’s Important Are you an entrepreneur with a great idea or a startup company? If the answer is yes then this article is essential reading as we look in detail at the importance of working capital. Check out the article for more information or get in touch for a consultation …
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Xero Price Increase Xero have announced that prices for their Standard and Premium pricing plans are increasing by $5 per month from the end of September, 2018. Standard plans will increase 9% to $60 per month, with Premium plans rising 7% to $75. Prices exclude GST. We are sure this is not welcome news but …
Employee Share Schemes and Tax Changes apply to the tax treatment of employee share schemes from 29 September, 2018. The changes relate to the amount and timing of income for the employee. What’s the big deal? Changes to income tax legislation have introduced the concept of a share scheme taxing date. The impact of this …
GST and AirBNB Some homeowners are being impacted by GST and AirBNB. We have put together a blog covering some of these issues to ensure that people think carefully before becoming an AirBNB host. AirBNB is proving to be a very popular way of generating some spare cash for homeowners with spare bedrooms. The online …
Payday Filing Payday filing allows employers to replace the IR348 Employer Monthly Schedule form with online submission every payday. Online submission is currently voluntary and has been available since April, 2018. From 1 April 2019, all businesses employing staff will need to transition to filing employment information monthly to every payday in line with their normal …
Anti-money Laundering and Accountants Anti-Money Laundering legislation will impact Accountants from 1 October this year. What is Money Laundering? We have reprinted the information from the Department of Internal Affairs in italics below. Money laundering is the method by which people disguise and conceal the proceeds of crime and protect and enjoy their assets. Some people in …
Sales Activity Numbers Don’t Lie Sales Activity numbers don’t lie. In fact, they are the single most important factor in any small to medium business. Sometimes in the hectic world of small business it can feel like you don’t have control of anything. But that is not true. There is one very important part of …
