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Bruce's2024…A year like most in business has never seen before.
To be fair, I think none of us have lived through a year such as 2024. It wasn’t like the Global Financial Crisis (GFC), a banking crisis that tipped through into asset prices, confidence and transactional business activity. It was not like 1987, when asset prices collapsed, which destroyed confidence and liquidity, causing bank defaults, […]
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Thank you, Gilligan Sheppard
When I first began working for Gilligan Sheppard, my experience and knowledge of marketing and accounting (this one is obvious) were fairly limited. Despite failing the ‘spelling test,’ Lisa and Debra took a chance on me. Perhaps it was because of ‘team fit’, and they liked that I had travelled. Either way, I couldn’t be […]
Tax Updates: 22 April 2024
Welcome to this week’s review of tax issues where Richard comments on what’s been happening in the world of tax over the past week. If you have a question or would like a second opinion on any national or international tax issues, please contact Richard via email at richard@gilshep.co.nz. May 7 fast approaching Following all the excitement of […]
Tax Updates: 15 April 2024
Welcome to this week’s review of tax issues where Richard comments on what’s been happening in the world of tax over the past week. If you have a question or would like a second opinion on any national or international tax issues, please contact Richard via email at richard@gilshep.co.nz. New trustee tax rate Hard on the heels of […]
Tax Updates: 8 April 2024
Welcome to this week’s review of tax issues where Richard comments on what’s been happening in the world of tax over the past week. If you have a question or would like a second opinion on any national or international tax issues, please contact Richard via email at richard@gilshep.co.nz. International tax disclosure exemption issued Each year, Inland Revenue […]
Debt Eats Equity
The heading of this article is not original to me; it came from Stuart Nattrass, probably during those conversations around the board table. As a long-term board member of South Canterbury Finance, he would know about debt on both the upside and the downside. The dynamics of debt Detail Purchase/hard money Plus 20% growth in […]