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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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Wealth is important, economically.
I have written this series of articles because wealth, its accumulation, and how it is deployed is important. New Zealand as a nation doesn’t respect wealth, nor does it celebrate the successes of wealth’s effective deployment. Wealth concentration is seen as a bad thing and NZ has one of the highest rates of wealth disparity […]
Opportunity knocks, and does not waste time for those who are unprepared
As we fast approach Christmas and the summer break, it makes sense to look back on the year and then look forward to the year ahead. A number of the key economic indicators both local and international suggest we are in the Goldilocks zone, and with the impending election in 2020 what should your business […]
The purpose of purpose
The counter theory of course, is that life is pointless. We are born, we die and then there is nothing. Perhaps we are simply organisms, a viral infection on the planet we call Earth, and our only purpose is to breed and create more viruses. If so, we are a biological specimen where each seeks […]
2019 China Insights
2019 is almost at its end, but I have finally found time, in amongst budgets, investment opportunities, preparing for end of the year and then the year ahead… to write about my two trips to China this year. Events and Celebrations When there’s a big event, who pays the bill? One of my visits was […]
What your kids need to know about the family fortune (part two)
Authored by: Evana Lithgow, of Working Minds Talking to your children about your wealth and preparing them for a place in the family’s business or fortune can be enjoyable. But it can also be daunting if the topic is new to you and them or if relationships are distant. The key is that your approach is aligned […]