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BookkeepingUnderstanding GST – A guide to the Goods and Services Tax
What is GST?
The Goods and Services Tax (GST) is a consumption tax charged on most goods and services in New Zealand. The current rate is 15%. GST is added to the price of taxable goods and services, and businesses are responsible for collecting this tax from their customers and paying it to the Inland Revenue [...]
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How to stop checking your phone.
Re-posted from Eric, blogger of ‘Barking up the wrong tree’. How long do you think the average work email goes unread? 10 minutes? 5 minutes? 1 minute? In reality, 70 percent of office emails are read within six seconds of arriving. 6 seconds! Yes, Houston, we have a problem. Instead of improving our lives, technology is […]
Richard's Tax Updates: April
Richard has had over 30 years’ experience with NZ taxation, and particularly enjoys dealing with land tax issues and the GST regime. He deals with clients of all types and sizes and provides tax opinions on the appropriate treatment of items of income and expenditure, assists clients with IRD risk reviews and audits and can assist […]
Gilligan Sheppard Office Closed
Gilligan Sheppard will be closed on Monday 24th April and will reopen on Wednesday 26th April after ANZAC Day. The team have worked incredibly hard to meet our tax deadlines and requirements with the IRD. So, in preparation for the year ahead, we’re giving our team an extra-long weekend to rest, recuperate and recharge. If […]
What the hell is VAS?
Three years ago, we established a separate division which was tasked with solving client problems, optimising solutions and generally doing what it takes to make a material difference to our clients lives and businesses. This division is known as VAS (value added services). Strategically as a firm we have successfully positioned ourselves as a wealth […]
Operational Reviews
The business is earning more revenue, work is flying in the door, but for some reason this revenue is not reflected in margins or the bottom line. Everyone’s HAPPY? No, not everyone is happy. The staff and clients are starting to complain. Managers are trying harder to control margins, and the finance team are cutting […]

