Xero recently announced changes to their pricing plans in New Zealand. These changes take effect on 1st December, 2015. Why is Xero making changes? The functionality in Xero has increased markedly in the last two years. Xero believe that prices no longer reflect the strength of their software. Some of the enhancements that have brought […]
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Preparing your business for sale – 5 key drivers of business value When new clients come to see us, one of the first questions we ask them is when they would like to sell their business. This can be quite disarming for some people. Many clients react with surprise. After all, they have only recently
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Making Financial Decisions: more than a numbers game by Dr Kirsten Keown We all have to make difficult decisions that affect our financial circumstances. Decisions such as: Should I choose the job that pays better, or the one that grants me more free time? Should I borrow money to buy a better car, or keep
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The IRD mileage rate has decreased for the first time in memory from 77c per kilometre to 74c. Every year the Commissioner of Inland Revenue publishes the mileage rate retrospectively as required by statute. This was done in August, 2015. The change impacts both diesel and petrol vehicles for the 2015 income year. The 2015
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In this guest article, Martin Danner, an IT expert from Aerorock, takes a critical look at the Cloud and digital technology. Does the idea of having your critical business applications in the cloud worry you? Maybe you’re thinking about ditching your office server and replacing it with online applications for accounting, email, file storage, backup
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Many taxpayers are unaware that income derived by a company or a trust may in reality be derived by them personally. This particularly impacts people who derived 80% or more of their income from one source such as contractors. Personal Services Attribution (PSA) rules are an anti-avoidance measure that can deem income derived by a
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Related party debt has long been an issue for issue for taxpayers who extend loans to companies. The Cabinet has signed off proposals to change the law retrospectively. The Current Situation To use a simple example, suppose you loaned $1,000 to a friend – let’s call her Sally. As time went by you decided to
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Keeping business records is essential for compliance purposes. We thought it would be a good idea to put a summary of the records that you need to keep in your business and for how long. Some are kept for Inland Revenue in the event of an audit or risk review. Others, such as payroll records,
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Just What is a Net Promoter Score? A net promoter score (NPS) is one of the most universally accepted ways to measure your customers’ satisfaction with your products or services. It is a survey tool that is very quick for customers or clients to respond to and its ease of use if one of its
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If you are not already on a monthly plan with us or have a one off bill, QuickFee could be just the solution. Using QuickFee is a really easy system that allows you to pay your bill – either by credit card or to using fee funding. How does it work? QuickFee has built an
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