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IRD & TaxEverything Kiwi’s need to know about Income Tax Returns
Let’s talk about filing taxes, and before you click off, it’s worth pointing out that this could be the most money-saving five minutes of your year. Filing tax returns and paying income tax can be a bit daunting for many, but this is an essential part of the Kiwi tax system, so it’s important to […]
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How do you judge the value of a service contract?
The adage is that the value in all transactions is a trade-off between price, timeliness, and quality. A customer wants cheap, fast, and good. But a supplier who attempts to deliver all three will struggle to sustain their operations and are more likely to fail eventually, and usually in the quality component because that is […]
Reaching new heights
An informative article series designed to help businesses with strategy and alignment. Written by Bill Bain. If you have any questions regarding these topics, you can contact Bill via email. Picture this… your big aspirational vision is to ascend Everest in three years. You wouldn’t just throw yourself at Everest and hope for the best. It’s a […]
My two cents: inflation
Inflation is a hot topic at the moment. While cash inflow is stable or decreasing, cash outflow is increasing dramatically – some items have doubled or tripled their price in the last two years! So, what can we do to handle the situation, or at least, survive? I’ve stepped into different shoes to understand people’s […]
What to consider when you are self-employed
Being self-employed has its perks, but let’s be real – it’s not always rainbows and lollipops. As a business owner, you wear multiple hats and have a seemingly endless to-do list. And the financial responsibilities are another story. So as an Accountant, let me delve into some of the things I have learnt that are […]
Tax Updates: 8 May 2023
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. Short-stay Accommodation & Interest Limitation Rules Inland Revenue (IR) […]