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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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Keeper of books: What makes a great bookkeeper?
Are you sick and tired of spending hours upon hours, scrolling through your accounts, wondering where all your hard-earned money has disappeared to? Perhaps it was that dress you bought on the company card, or that pesky subscription you never meant to sign up for? Or was it neither? Had you fallen into a fraudulent […]
Keeper of books: Find yourself a good storyteller
When the story of your life is being written, you would like it to reflect on what you do every day and how it relates to other aspects of your life. You would like it to be written in a language that you understand. As for business owners, their business is their life story. They […]
Don’t wait until its too late…
ARTICLE SERIES: KEEPER OF BOOKS Recently, a new client came to me to consult about issues with his existing accountant who, after not being able to comprehend the logistics of the business, eventually left. After some initial discussions and reviewing the company’s Xero, I attempted to clean up the mess and provided him with all […]
Bookkeeping is essential to expand
ARTICLE SERIES: KEEPER OF BOOKS Hiring an accountant is a difficult decision for many; it is strenuous evaluating exactly what financial guidance we seek, and, more often than not, it’s simply a luxury, a situational investment. And I could not have agreed more… at least until I joined Gilligan Sheppard. I began my accounting career […]
