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BookkeepingWhy businesses are making the swap to Xero
In today’s competitive business world, effective financial management is the key to success. As a business, you often need to handle multiple tools simultaneously, such as payroll, accounting, and inventory management, which can lead to inefficiencies and errors. This is where Xero comes in. This cloud-based accounting software seamlessly integrates all essential functions, making it […]
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Tax Updates: 9 December 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. TDS – a useful read A timely reminder, I […]
Tax Updates: 2 December 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. Overdrawn shareholder current accounts While I was slumming it […]
Tax Updates: 25 November 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. Trade rebate/promotion tax issues Inland Revenue (IR) recently released […]
The blue deck chair: It’s only words
In an unashamed take from Graham Norton, I intend to write a few stories called ‘the blue deck chair.’ You are free to pull the lever and flip my chair. So please send feedback, flip, or let me walk… In the current world we live in, we’re routinely reminded about what we shouldn’t say and […]
The power of effective bookkeeping: real-life success stories
When a bar owner I worked with went from operating at a loss to turning a profit within one year, it wasn’t just about getting the numbers right—it was about understanding what their business needed and building a system that would set them up for success. Bookkeeping is the foundation of the accounting cycle and […]