Back to Blog

Featured Partner

Cloudland is a leading cloud services provider and stands apart due to its customer service, technology capability and commitment to delivery. Cloudland customers have seen the removal of significant amounts of IT hassle, savings in cashflow and the freedom to return to their core business. Cloudland has unique solutions for customers seeking to buy their ICT services using a utility model of delivery. Like power and water, Cloudland can provide your company with ICT on a pay-as-you-use basis, a...

In the Industry

In the race to have everything done before the Christmas closedown, make sure you take some time to look at your cashflow and plan for the new year. January is a month with some key tax dates, with a lot of things falling due on 15 January in particular. As well as the usual PAYE return dates, GST returns for both November and December are due in January. And for many, January and February can be big months for provisional tax. Plan ahead to make sure you're covered. Contact us if you think c...

Payroll Team Update

We often hear our clients say they are 'doing the wages' or 'paying the wages'. Anyone involved in payrolls know there is a heck of a lot more to it than that! You are the Payroll Manager of your business and keeping informed and aware of your obligations is a big responsibility. Good staff are one of your biggest assets, so before the festive season kicks in, put your Payroll Manager hat on and let's have a refresh on your obligations in regards to Holiday Pay and Entitlements. Holiday pay ...

Accounts Team Update

If you are giving gifts to your team you may also be liable for fringe benefits tax. There's a $300 exemption from paying FBT per employee per quarter so if the value of the gift is less than $300 you may be exempt. However, if the value of total benefits for an employee goes over $300 for the quarter year (and provided the total value of all benefits doesn't exceed $22,500 for the year), the full value of the benefits is subject to FBT. As for entertainment events, if you invite your team to ...

Business Advisory Update

Inland Revenue's business transformation is an end-to-end business change to bring New Zealand's tax administration into the modern world. Transformation is far more than updating a computer system - it will re-shape the way Inland Revenue works with customers, including improvements to policy and legislative settings. The transformation has three primary aims: •Grow voluntary compliance by making it easier for people to get it right •Reduce compliance costs •Make Government policy ...

In the Community

Accounted4 sponsored several prizes for students first in their classes at the 2016 Senior Prizegiving. Congratulations to those students who won the following: First in Class, Year 11 Accounting – Cale Budd First in Class, Year 11 Economics – Joel Bartrum First in Class, Year 11 Mathematics – Joel Bartrum First in Class, Year 12 Mathematics – Keren Tao First in Class, Year 12 Accounting – Clarissa van den Berg First in Class, Year 13 Accounting – Austin Wong ...

Payroll - Special Rules at Christmas

With Christmas fast approaching we thought it was timely to share some important payroll information from the NZ Government's website regarding "Special Rules at Christmas" You can read it here: https://www.govt.nz/browse/work/public-holidays-and-work-2/special-rules-at-christmas/ ...

Find Us On Facebook

'LIKE' us on Facebook! We have joined the world of Facebook! 'Like' our page Accounted4 Ltd to keep up to date with what's going on in the office and in the Accounting Profession. Click HERE to see our page! ...

Team Vacancy - Receptionist - Fulltime

An outstanding opportunity has come up to join our successful 30 strong team in this very important 'Face of the Company' position. Based centrally in the beautiful charming town of Cambridge we consider this opportunity to be very unique. To be considered for this role you need to have customer service and administration skills that are second to none. You will be our front line ambassador who is professional, well presented, friendly and enjoys meeting and relating to people of all ages. ...

Accounted4 Seminar - XERO Tips and Tricks

Back by popular demand Accounted4 presents an interactive seminar: XERO TIPS & TRICKS When: Tuesday 29th November, 5:30pm – 7:00pm Venue: Accounted4 office, 30 Duke Street, Cambridge Facilitators: David Faville, Jamie Fisher, Geoff Hurst Cost: Complimentary Do you struggle with completing and finalising GST returns? Do you know how the file upload and email functions work? How do you match up invoices and code correctly? What are batch payments? Benefit: This seminar will ...

How Do You Know What To Insure?

It's a bit of a Murphy's Law principle that businesses often don't really come to grips with their risk management plan (or the lack of one) till some random accident takes out a key manager or lead hand and it hits everyone what it will mean for the business. No one can plan for everything but every business should have a sound grasp of the kinds of risks that might hit them hard. And every business should put strategies in place to minimize risk and deal with it, if the ...

Leading The Charge

There is a saying that your biggest market is the one you currently have - most of your sales are likely to be repeat business from existing clients. The reason these clients keep coming back may be partly about what you sell, but chances are that customer service plays a big part. The people you employ can greatly affect the business you do. You can guide your team to greatness. Here are a few simple steps: Teach adaptability Every client is different and ...

Featured Client

Do you have a gluten-free household? You don't have to compromise on taste or convenience anymore! Skye Blue Kitchens, established by Irene Fitz-John, is a new local business that has made life so much easier for those with Coeliac disease, by creating convenient and delicious gluten free baking mixes which are so easy to use! I am originally from Scotland but our family have lived in Cambridge for the last 21 years. My father had Coeliac disease, then about three years ago our son was d...

Featured Partner

Figured is an online farm accounting tool that is providing farmers with a better way to financially manage their farming operation. Its production planning and farm budgeting tools work seamlessly with online accounting software, Xero, enabling you to plan ahead with confidence and easily re-forecast when conditions change. Figured uses the power of the cloud to provide one set of real-time financial information, so your whole farming team - the farmer, accountant, banker and farm consulta...

Business Advisory Update

Accounted4, in association with Phil Wicks of Thexton Armstrong Wicks 'business success programme' Are pleased to host a business workshop: 'Good to Great' - Taking your business to the next level This interactive, no-nonsense workshop for SMEs will cover those key fundamentals that make businesses more successful, more profitable and more valuable The important strategic elements of a business that create a solid foundation for business success in any industry •Building a B...

Get to Know: Katie Jones

Katie started working for Accounted4 ten years ago when it was formally Shannon Wrigley and Co. She is part of Martyn Steffert's team and is in the final semester of completing the Bachelor of Applied Management degree at Wintec. The final task in this degree involves a research project and Katie has chosen to research Work Life Balance and any changes that have occurred over the years, especially in relation to technology. She is also an enthusiastic equestrian rider and has got the eventing...

In the Office

Christine joined our team on the 29th August and she comes to us with 20 years experience in Chartered Accountancy firms. She is passionate about the dairy farming industry and it is great to have her in our A4 team. ...

Accounts Team Update

Do you pay yourself from your business? Do you take regular cash drawings from your business profits to meet personal living costs? You need to be aware of how your personal drawings sit with your tax position. Sole traders Sole traders complete an IR3 tax return at the end of the year. Include all business income and expenses in your tax return. This includes drawings. They are not a deductible business expense. It's much easier to track this if the cash drawings are taken like a regular sala...

Payroll Team Update

MILEAGE REIMBURSEMENT – Paid higher than IRD Prescribed Rate Do you use the mileage rate set by the IRD, and did you leave it at the higher rate when it dropped this year? Did you know that if you decided to leave the mileage rate at either 77c (2014 rate) or 74c (2015 rate) per kilometre and didn't reduce it to 72c (2016 rate), every cent above the 72c is taxable as it is a Fringe Benefit? It should be taxed either by PAYE or FBT. Our recommendation is that you use the actual prescribed ra...

In the Industry

In September David, Martyn, Geoff and Jamie attended Xero's annual conference,which this year was held in Brisbane. This conference was a massive event held over two days with 2300 attendees from NZ, Australia, and Asia. The conference featured a wide range of presentations with some really interesting speakers. A major theme of the conference was the growing impact of technology changes affecting traditional business models. Rod Drury (Xero CEO) and a number of his team spoke, providing updates...

In the Community

Accounted4 participated in Loud Shirt Day 2016 on the 23rd September, which supported Cochlear implants in deaf children. Check out the 'Loud' shirts that team members wore for the day! ...

Provide GST Registration Details To Remote Vendors

From 1 October 2016 non-resident businesses must charge and return GST where they meet the criteria to register for GST and they supply remote services (including online services) to New Zealand residents. As a New Zealand resident business, you won't be charged GST on these supplies, if You are GST registered The supplies are part of your taxable activity, and You let the non-resident supplier know you're GST registered and provide your New Zealand GST registration number or business numbe...

Marketing Toolkit

Stuck for ideas? Think about different ways to market your business. Host an event This could be a fundraiser, charity event or quiz night. It's a great way to raise your profile. Events can focus attention on you and your brand, giving you more exposure where needed. You can also target your audience more specifically by selecting the people you invite. The bonus is, they can't simply delete you as they would an email. Make the most of having the audience focus on ...

Breaking Free From Idle Mode - Top Tips For Business Growth

It's easy to sit back and enjoy the fruits of your labour and become comfortable with your current business position. But don't become too comfortable. Isn't that why you got into business in the first place? To step away from that zone and challenge your way of thinking? Always be aware of and listen to your market. It's easier to swim with the current than against it so make sure you are offering a product or service that people are actually buying. Do your research and find ...

Office Energy Boosters

Business Forward Issue 68 Is there a dead spot in your day? It's probably a good time to look at boosting your energy. Lack of energy is a motivation crusher for you and those around you. It's unhealthy too - it leads to bad posture which in turn can cause workplace injuries. And of course lack of energy shows up in your office output or, rather, lack of output. Everyone's different but sometimes it can help to run interference on your daily routine. Here are some simple ways to go from bl...