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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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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 […]
The five keys to a harmonious workplace
It is crucial to feel comfortable at work because you spend one third of your life there! For your employees to have a sense of pride and belonging in the workplace, it’s important to have a healthy and positive work culture. One of the most important criteria is that employees feel free to share their […]
Richard's Feb-Mar 2021 tax updates
Richard has had over 30 years’ experience with New Zealand and International taxation. His team provide services including: Q&A service for accountants Tax opinions IRD risk reviews and audits IRD arrears International tax advice Below are articles from Richard’s weekly email ‘A Week in Review’ over the last month. You can sign up for his […]
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 […]
Then and now… financial uncertainty
Welcome to 2021. Normally I would write something in December, a reflection on 2020 and what I think 2021 has in store for us. Instead, I wrote an irrelevant piece on losing cell phones. Hope it was amusing. Why did I do this? Because frankly I was at a loss as to what to make […]