2 expense types you may have overlooked or underclaimed on

FBT Fringe Benefits Assuming you are not in the FBT net (if you are already filing FBT returns you need to get advice on this). You can spend up to $1200 per annum per employee on fringe benefits without this having FBT charged – use it!!!!! You are an employee anything other than cash up…

Xero: Purchase Orders and GST

As many of you will be aware, Xero has recently introduced a new feature, Purchase Orders and an improved GST module. The release puts Xero a step closer to completing the remaining core accounting functions – something which we anticipate will help all Xero users significantly. Purchase Orders Placing an order is often simply calling your supplier…

3 Ways to pay off 2013 tax arrears

Any clients will have the money now and are happy to pay their outstanding tax but for those that don’t The New Zealand Tax Trading Company is now offering instalment and deferred settlement arrangements: Installments: For 2013 The New Zealand Tax Trading Company can convert your tax purchase requirements into monthly installments with the final installment due…

Why have a Shareholder’s Agreement

In recent months we have seen plenty of examples of the hurdles that have to be overcome when there is no existing shareholder agreement in place. The absence of shareholders’ agreements among New Zealand’s mid-sized companies is a stumbling block that often results in costly disputes over how private companies are run, valued, and changes…

Credit card fraud – it could affect your online business

With online shopping on the rise, so is credit card fraud.  Fraudsters can sometimes illegally access customer card data through computers used to process transactions and unsecured data. Credit card fraud is a serious risk to your business and your customers.  Be aware of the risks to avoid damaging your business’ reputation and bottom line.…

Lunching for success

Whether you’re meeting a business associate, prospective client or potential employer, it’s often over a meal.  In this busy world what better way to kill two birds with one fork?  Tip the meal in your favour.. Do your research. If you’re picking the location check the menu.  Too expensive might suggest frivolous, too cheap that…