Latest News & Resources

Calculator to work out hiring costs

In an business environment that is seeing internal costs for business increasing consistantly here is a handy little calculator to assist owners/managers make more informed decisions around true hiring costs.  Click on the link below

https://www.business.govt.nz/hiring-and-managing/deciding-to-hire/checking-the-cost-of-an-employee/

Trusts Trusts and Property A timely reminder to those persons or trusts that hold a rental propertys in NZ with 31 March around the corner . click on link below for further information

 

https://accelerateonline.blog/2020/01/06/reminder-rental-losses-ring-fenced-from-2019-2020-tax-year/

 

 

Charity and Donne Organisations take note

Donee organisations needing to register with Charities Services From 1 April 2020 all entities with charitable purposes, that qualify for registration under the Charities Act, are required to be registered with the Department of Internal Affairs – Charities Services (Charities Services) in order to qualify for or retain donee tax status. Having donee tax status qualifies your organisation for tax benefits such as donations of money qualifying the giver for a donations tax credit or a tax deduction. click below for further advice from IRD.  Click on link below for furthe rinformation

https://www.ird.govt.nz/roles/non-profits/donee-organisations-needing-to-register-with-charities-services

Special Alert Year End 2020 Come 31 March, Parisians will be celebrating Eiffel Tower Day and Christopher Walken will turn 76, but Kiwi businesses owners will have only one thing on their mind – the end of the financial year. How’s it looking for you? Know what you need to do? To help make the information- gathering process hassle-free, we’ve put together a four-week checklist. So, to avoid scrambling this time next month – take a breath, take note, and take action. Accountants Hawkes Bay. Click below for checklist

 https://accelerateonline.blog/2020/02/05/your-four-week-checklist-to-keep-tax-time-low-stress/

Cashflow is King

Cash flow forecasting Forecasting when money will come in and out will help you plan for the future. Being able to predict peaks and troughs helps you avoid financial difficulties. It’s also a vital business planning tool. Use cash flow forecasts to plan for expansion and growth without overstretching your resources.

https://www.business.govt.nz/tax-and-accounting/business-finance-basics/cash-flow-forecasting/