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Payment due by 7th April - Cross it off your list!

Check out this link to the IRD page on how to get your payments sorted for the 7th April. https://www.ird.govt.nz/campaigns/2016/campaign-7-... ...

End of Year Checklist

As usual, when the end of the financial year is approaching it's a good idea to make sure everything's in good order. Take a look at: How much stock you are carrying at the end of the year. Dispose of any obsolete lines or write the stock down to its net realisable value Planned dividend payments and the company's imputation credit account balance. We will be reviewing these in March. Be aware that some DWT may be payable in April for this! Debtors: If you have taken reasonable steps to re...

Congratulations - Katie Jones

We would like to congratulate our team member Katie Jones! Katie was the recipient of two very special awards last night. > CAANZ Award for Top Accounting Student - Bachelor of Applied Management Year 3 - Highest Achieving > A.W Gallagher Supreme Award for Graduating Business Degree Student The A.W Gallagher Supreme Award was the biggest award of the night! Congratulations Katie on this significant achievement! ...

Accounted4 Big Day Out

Every year the A4 team have a day out of the office that focusses on team building. This year our theme was 'Forest to Ocean'. We headed over to Adrenaline Forest in Tauranga where we attempted a high ropes course – a great challenge especially if heights are not your favourite thing! From there we headed to Mt Maunganui for lunch and also had some spare time to enjoy the heat and wander around – some people even went for a swim! Check out our Facebook page for some great photos from the ...

Consultants

In 2017 our three Consultants; John Boone, Richard Edge and John Landers will be continuing their transition to retirement. This year they will be spending less time in the office and enjoying their hard earned free time a bit more. If you would like to meet with them in the office please phone ahead to make an appointment as their hours will vary....

Annual Questionnaire Process

In the 2016 financial year we trialed a new annual questionnaire process (for the majority of our clients). We are pleased to announce that the trials were successful, therefore we will continue to electronically send you your end of year records request. That means NO MORE YELLOW QUESTIONNAIRES – this is an end of an era! Not only is this more efficient but it is much more sustainable for our office, which is important to us here at A4. As well as the new Annual Questionnaire process we ...

In the Office

Unfortunately we say farewell to Rachel O'Reilly at the end of March. Rachel and her husband have brought a business in Morrinsville. We wish them all the best on their new venture. ...

Featured Client

Sophie is a 2x World Rowing Champion in the lightweight double, qualified personal trainer, yoga teacher and Health coach while studying holistic nutrition on the side. Sophie is a passionate foodie being one half of the Megs and Soph sporting duo. This social media platform shares healthy alternatives and recipes for the active. With a fair amount of food envy, quick workouts and helpful fit tips. With a 4th placing at the Rio Olympics she has opted to take a year away from competitive rowin...

Featured Partner

Business Success Partners (BSP) is an SME transformation consultancy business firm run by the company of Wicks Dorey & Associates. BSP have gained an enviable reputation for producing outstanding results for their clients, created by an ethos built on strong relationships and a willingness to fully integrate themselves into their client's businesses and as a result positively change lives. We work closely with several strategic partners such as Accounted4 and NZTE funding agencies to provid...

Achieving Work Life Balance

You are not alone if you have found yourself asking the question "Can I really do this job well and have a life?" You may be finding it difficult to achieve a healthy work life balance, but fear not, I have some suggestions that can assist you, your family and friends. Our 'work' life and 'private' lives have always been interwoven, but as you may know, conflicts can occur and the boundaries between these two lives can become blurred. Although we can separate these two lives in terms of time ...

For your Office

Minimum Wage Increase On the 1st April 2017 the minimum wage will increase by 50c to $15.75 per hour. This rate applies to all employees 16 years and over. The starting-out and training hourly minimum wage rates will increase to $12.60 per hour, remaining at 80% of the adult minimum wage. New IRD IR330 – Tax Code Declaration form The IRD will be releasing its new IR330-Tax Code Declaration form on its website mid-March. Please make sure that you update your files to the new document. ACC...

In the Industry

IRD are rolling out other changes to how New Zealanders file and manage their GST as part of ongoing business transformation. More than half NZ's businesses now file their GST through Inland Revenue's secure online service myIR, or direct from their accounting software. If this includes your business, you may have noticed there's a new myGST tab on your myIR account. This will provide access to all your GST information. Taxpayers are now able to use this to register for GST, register as a prep...

Accounts Team Update

Changes proposed for motor vehicles Currently close companies (such as LTCs and QCs) providing a motor vehicle for the private use of shareholder-employees must pay FBT on the value of the benefit provided. This value is based on the availability of the vehicle rather than its actual private use and this means higher FBT compliance costs for close companies. New option for close companies The recently introduced legislation changes this for the 2018 tax year (i.e. from 1 April 2017 for stand...

In the Community

We recently held a Networking over Coffee event at our office as part of our involvement with the Chamber of Commerce. This year it was held on the 14th February – Valentines Day! It seemed fitting to have our theme for the day as 'Love what you do'. We hosted 52 members from the Chamber and our team members Katie Jones and Ben Langton-Burnell spoke about strategies for a great work life balance and how to stay motivated....

Xero for Beginners Workshop

We are holding a Xero for Beginners Workshop. This interactive workshop will include a brief overview of features in Xero, how to match up invoices and code correctly and help with completing and finalising GST returns. This is going to be a great workshop and will cover all the basics needed to make your time using Xero better for you and your business! Register by calling or emailing events@accounted4.co.nz When: Wednesday 15th March 5.30-7pm Where: Resthaven Village Centre, Views on Vogel,...

Good to Great Seminar with Phil Wicks

If you want to understand and make sense of how 'soft' but strategic concepts like personal vision, business vision, strategy, culture and structure are critical to creating organisational and personal focus, helping to manage change and deliver a real increase in business performance and value, then this is the right workshop for you! Where: Te Awamutu i-SITE Visitor information centre When: Wednesday March 15th, 9am - 12pm Cost: $50 for any A4 client (normally $120) Register today to get...

Xero for beginners Workshop

Join us. Join the revolution. When: Wednesday 15th March, 5.30-7pm Venue: Accounted4 Office Presenters: Jamie Fisher and Geoff Hurst Cost: Complimentary How to match up invoices and code correctly Help with completing and finalising GST returns Brief overview of features in Xero Any other topics requested Come along to this Xero workshop for beginners to assist you with your day to day running of your business. If you have any specific topics/queries you would like us to cover please ...

Introduction to new Team Members

We welcomed three new people to our team in the first few weeks of 2017; Steff McNamara is our new 'Face of the Company' and sits proudly in the receptionist position at our front desk. Steff has a very bubbly friendly personality and has fitted into our team like a glove. Amanda James joined our Support Services Team as a Client Services Assistant and will also assist Steff on reception. Amanda comes to us from Te Awamutu Medical Centre and we are delighted to have her in our team. Ben Cal...

Claim back your School Donations

Hundreds of thousands, potentially even millions of dollars worth of unclaimed tax rebates from school donations are going unclaimed each year. Many parents are unaware they can claim a rebate from the Inland Revenue Department of up to one third of what they donated to the school their children attended. And many schools don't tell parents they can claim a rebate on school donations. Many parents still think they're paying a fee, rather than a donation. The number of parents claiming back mo...

Turning Complaints into Opportunities!

Dealing with customer complaints can be both gruelling and rewarding. But being able to turn the situation around so your customer is happy with the outcome can strengthen their loyalty to your brand and inspire some gold standard word of mouth marketing. Communication and attitude are as vital as expert product knowledge. Listen and empathise Let the customer tell their story. Ask questions to clarify. Let them know you want to understand. Let your custom...

Building Your Dream Team

In order for your business to be a success, you need to be surrounded by like-minded people with good core skills and values, aiming for the same end goal. In essence, this is your dream team. But how do you ensure you're recruiting the right team players? Be clear What are the qualities you require from employees? Think, plan and be specific so that the right applicants come forward from the beginning. Provide clear instruction during the initial screening ...

Merry Christmas and Thank You for a great year from the A4 Team!

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Ho Ho Ho! Knowing what's deductible

Do your plans for the festive season include functions to celebrate with clients and the team? What about gifts? If they do, here are some tips on the tax implications. When you're entertaining clients or colleagues, some entertainment expenses are tax deductible while others aren't. It can be tricky working out what's deductible as a business expense and what isn't. The basic idea is that an expense is business-related if you spend the money to help your business earn income. Most business-...

In the Office

Unfortunately we say farewell to Paula Kilgour, our receptionist, who is relocating to Taupo, and Sonia Treblico, a member of our Accounting Team. We wish you both all the best. ...

Featured Client

Dr Katherine Tozer is a senior scientist for AgResearch in Hamilton and Dr Peter Tribe a GP in Te Awamutu. They are grateful clients of Accounted4. Katherine has met many wonderful farming people in the 11 years she has lived in New Zealand. She has written 3 books Tales from the Back Country. They tell wonderful stories both recent and old, about life in NZ's rural areas. With their permission she has written these stories down for all to enjoy and accompanied them with amazing relevant scenery...