Policies, Procedures and Plans – Governance Training Series

Governance Training Policies, Procedures and Plans. Online training Thursday 20th October 6pm – 7.30pm Register now for part 2 of our series on how to take your organisation from good to great This series of training workshops is geared towards new or experienced trustees on boards who wish to learn more about the skill of governance. Sessions are on one Thursday evening each  month and you can attend one or…  Read more

October Tip Bits

IRD says ‘No More Mr Nice Guy’ Inland Revenue was taking a much more relaxed approach to outstanding tax debt during 2020 and 2021 – but now it’s ready to crack down. Since the start of July, it has stepped up its efforts to pursue outstanding amounts from local businesses. Thankfully this does not affect most of our clients for we recommend the use of PAYE intermediaries so that PAYE…  Read more

Governance Training and GST Traps to Avoid

Governance Training Upcoming series on how to take your organisation from good to great.   This series of training workshops is geared towards new or experienced trustees on boards who wish to learn a little more about the skill of governance. This online training is from 6pm – 7.30pm one Thursday evening a month and you can attend one or more of the topics. The sessions will cover the following: Leading…  Read more

IRD Targets Overdue Tax Debt and the 3 Freedoms of Business

IRD targets overdue tax debt Inland Revenue has begun to take more action on outstanding tax debt.  In the last 24 months it had dialed back on prosecutions for tax debt, but in recent weeks it has stepped up and those accountants involved with corporate liquidations have seen much more activity with Inland Revenue pursuing tax debt The IR is giving priority to collecting GST and PAYE as these are…  Read more

Business tips

Digital Marketing Seminar Does your company website deliver the best possible impression of your business? If not, you need to fix it. When someone arrives at your home page, you only have a few seconds to grab attention and tell a customer why they should choose your company.  Does your current home page deliver on these aims? Wednesday June 22nd from 4pm – 5.30pm. Join us in person at Tax…  Read more

House Prices Drop and Business Growth Fund

How will it impact you if house prices drop by 15%? New Zealand’s housing market decline has started to show in the numbers, with average values down across most of the country for three months in a row. Westpac economists have predicted house prices will fall 10% in 2022, and another 5% in 2023, for a 15% drop in total. This sounds concerning, but should you really worry? Predictions can…  Read more

Trust Compliance Webinar and Does NZ really not have a capital gains tax?

New rules for Trust Compliance Webinar In March 2022 new legislation was enacted that has dramatically changed the disclosure rules for Trusts We are sharing more information about these changes and how you as Trustee might be affected in the webinar below. This webinar will be available for you to watch and ask questions live or you can listen to it in your own time if you register, we will…  Read more

New Rules for Trust Compliance

New Rules for Trust Compliance In March 2022 new legislation was enacted that has dramatically changed the disclosure rules for Trusts – far more information is required to be shared each year than what the Trust Act 2019 changes brought in a couple of years ago. This includes shifts in value that don’t involve a tax consequence. Charitable and non-active trusts are exempt, from the new rules since they don’t…  Read more

Does your website create the right first impression?

Does your company website deliver the best possible impression of your business? If not, you need to fix it. When someone arrives at your home page, you only have a few seconds to grab attention and tell a customer why they should choose your company.  Does your current home page deliver on these aims? Tell your audience what you do – and do it fast In the digital world we…  Read more

3 Tips for Getting Your Home Loan Approved

In 2021, new lending restrictions came into effect under the CCCFA – and immediately there were stories of people being declined loans for what seemed like trivial reasons. In March, the Commerce Minister announced changes designed to free up the process of loan applications at the banks. This should reduce some of the paperwork hurdles for those seeking home loans, but it’s still going to be tougher than ever to…  Read more

Tax Due 7th of April and How to Develop Your Business

Reminder: End-of-year tax is due on April 7 The end of the tax year is around the corner, so this is a quick reminder that your terminal tax payment is due on 7 April. If cashflow is a problem and you’re not confident in your ability to make your payment, please get in touch. We understand that the past 12 months have been extremely tough for many businesses and clients,…  Read more

COVID-19 Leave Support Scheme & Short-Term Absence Payment

The Short-Term Absence payment is for businesses (including self-employed) to help pay for workers who can’t work from home or attend work while they wait for the results of a Covid-19 test. To be eligible, workers need to be unable to work from home and need to miss work while waiting for their test results. There’s a one-off payment of $359 for each eligible worker. Employers or the self-employed can apply for…  Read more

February 2022 Tip Bits

  Wellbeing toolkit at your fingertips Heard of The Five Ways to Wellbeing? They are simple and proven actions you can introduce in your workplace to help staff find balance, build resilience, and boost their mental health and wellbeing: Connect: feeling close to and valued by others boosts wellbeing. Take a moment every day to connect with colleagues. Be Active: being physically active improves physical health and can improve mood…  Read more

Soar into 2022

Welcome to 2022! We are back at work and excited for the new year. We’ve made it through another year of Netflix binges, Zoom meetings, mask-wearing, and copious amounts of sanitiser. Who knows what 2022 will bring us, but no matter what happens, we’re here to support you to redefine success and achieve your goals. Once again, we can take our learnings from the past year and plan for a…  Read more

Happy Holidays from the team at Tax and Trust

Merry Christmas! Our prediction that 2021 would be better than 2020 was a bit off target! We’ve made it through though, and hopefully 2022 will bring about new successes. Click the link below for a short eBook, providing some light reading, activities to help you enjoy the three freedoms, and a cocktail recipe to reflect the year that was; we hope you enjoy it! Our office will be closing on…  Read more

Ramp up Your Business with Xero Webinar Nobody goes into business with the intention of doing paperwork. Long days are made even longer by manual data entry, chasing up receipts, reconciling bank accounts, and following up customers for payment. How much time would you save if all of this was automated? With Xero, you can save time, reduce your stress levels, and get paid faster. You’ll gain valuable insight into…  Read more

Health and Safety in Your Business

Implementing health and safety so it sticks Do you have a health and safety policy and plan in place? Great, this is a legal requirement for all organisations! But how can you ensure everyone’s 100% on board? Here are five simple tips from our team to yours – hope they help. Make it relatable – To engage staff in health and safety at work, they need to understand why health…  Read more

Leadership That Delivers webinar and Covid Policy for customer contact

Interest limitation on residential investment property The Government has released draft legislative proposals to limit interest deductibility for residential property investments. From 1 October 2021: for properties acquired before 27 March 2021, interest deductions on loans will be phased out at 25% per year over 4 years, until 31 March 2025 for properties acquired after 27 March 2021, interest deductions will not be deductible (unless the property was acquired by…  Read more

November Tip Bits

Governance in Action webinar Spending too much time #Managing and not enough time #Governing? Not sure what the difference is? Neglecting your governance role can lead to business failure. We can help you learn to separate your governance role from day to day operations! Join us for our FREE Governance in Action webinar Wednesday November 10th at 12pm Register now! If you’re unable to attend we will send you the…  Read more

Wellbeing Toolkit and Governance in Action Webinar

Wellbeing Toolkit at Your Fingertips Heard of The Five Ways to Wellbeing? They are simple and proven actions you can introduce in your workplace to help staff find balance, build resilience, and boost their mental health and wellbeing: Connect: feeling close to and valued by others boosts wellbeing. Take a moment every day to connect with colleagues. Be Active: being physically active improves physical health and can improve mood and…  Read more

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