Auckland Professional Accountants

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Good books, good business Keeping good books not only means you're complying with the law, it's also good for your business

This is great way to set benchmarks...

How's business? The business comparison report. Compare your business to other Kiwi businesses in your industry. Get your free business comparison report

Chartered Accountants Australia and New Zealand - New Zealand Tax Update November 2016 New Zealand Tax Update November 2016

See what measures Govt and The Reserve Bank has imposed to slow the houses prices down..

• The creation of special housing areas under an accord with Auckland Council to make it easier to consent 39,000 new houses by the end of 2016.
• A capital gains test on investment properties sold within two years of acquisition.
• Requirements for overseas tax residents to supply their overseas IRD number
• The release of excess crown land in Auckland for affordable housing developments
• Residential property investors in Auckland using a bank loan will need at least 30 per cent deposit.
• Boosts to Kiwisaver First home deposit subsidy and Welcome Home Loan Schemes for first home buyers.
• Reserve Bank putting restrictions on low-deposit house loans.

Countdown to tax time: What you need to do 3 weeks from 30th June – review expense accounts Similarly, with the process that you followed last week of reviewing income accounts, you need to ensure that expense figures on your Profit & Loss Statements are accurate. It is these expenses that you...

Handy tax minimisation strategies Well it only feels like yesterday that I drew your attention to tax planning strategies before 30 June for last year let alone this year. It is timely that the 2015 Federal Budget has provided us with...

Financial Ratio's are helpful. Contact us and we can help you understand how to use different ratios that best suit your business. We can also help you in developing other performance measurement tools that can certainly help monitoring your business performance..

Do the numbers! Financial ratios you should be using Financial ratio analysis is a helpful tool that can be used to predict the success and measure the progress of your business, as well as spot warning signs. By spending time on financial ratio analysis,...

Tax requirements of "TAX INVOICE"

6 things you need to know about invoicing Since the introduction of GST 15 years ago, businesses across Australia have been issuing and receiving tax invoices. Are your tax invoices compliant? Are you aware what the Australian Tax Office requirements...

Govt to tighten tax on capital gains The Government is going to introduce a new tax on capital gains for properties, excluding the family home, that are sold within two years of purchase.

So much for no capital gain tax in New Zealand!! Did you know that gain on your property sale is taxable? Talk to us and we will give you advice on how to make wise decisions in relation to property sale or purchase..