All things “Accounting”
Partnering with you to provide full accounting solutions
Like you, we are in business so we understand that you and your business are totally unique. No one else has the same specific problems that you have and no one else has the same worries and concerns. We don’t want to be seen just as your accountants; we want to be seen as your business partners working alongside you. Don’t let annual compliance bog you down, we can take that stress away from you so you can focus on working on the business.
There are so many facets to accounting and we tailor our services to meet what you specifically need, it’s not a “one box fits all”, we need to understand what you need, how we can improve and ultimately make life easier for you.
GST RETURNS
GST is a tax added to most goods and services in NZ, and you need to be registered if you have income over $60k in a year. It’s a tax that is completely seperate to income tax, and is generally completed either monthly, two monthly or six monthly. We’d recommend using a software to make keeping GST compliant a breeze as well as eliminating any errors with preparing these manually.
INLAND REVENUE
IRD can be complex, daunthing and overwhelming. When you are registered to our tax agency we have the letters coming directly to us so we can filter these for you and advise what is required and when. We also issue you tax reminder notices prior to due dates so you don’t forget those all important payments.
COMPANIES OFFICE ADMIN
When you have a company in NZ you have requirements to file annual returns and keep all records of the company each year. We take this stress away by being your registered office and maintain these records for you. We are also able to update any changes your company might have, whether that’s adding directors or updating shareholding, we have you covered!
FINANCIAL STATEMENTS
Financial statements are prepared annually and are a comprehensive report of your business activities. The profit and loss runs for the financial year and the balance sheet is a snapshot of your business at that date, usually 31 March. These finanical statements allow us to interpret how your business is performing and highlight key changes from the prior year. The only downside is they are not forward facing, they just show what has happened in the past.
PAYROLL & PAYE
We all know how important Payroll is and regardless of how many employees you have, getting it set up correctly is the way to go. There are various options available to you for processing and filing of your payroll, we are happy to discuss these with you to ensure you stay compliant.
TAX POOLING & TAX FINANCE
Even been caught out not having paid your tax on time? We can utilise tax purchasing to purchase this missed tax and minimise any interest and penalties with Inland Revenue. If you have tax over $60k per year and are outside of the safeharbour rules we’d recommend looking at pooling options and would love to discuss this with you.
TAX RETURNS
These usually go hand in hand with your financial statements, if you are required to prepare them. Unless you are a PTS Filer, or your business is non active with Inland Revenue, then it’s likely you’ll have an obligation to file a tax return every year. This return includes all sources of income as well as taxes paid to date and gives a summary of taxes that might still be required to be paid.
ACC
When you are in business you also need to ensure you have the appropriate level of accident cover, because you can’t avoid paying ACC Levies, so let’s make sure you are only paying what you need. If you are injured it can have a big impact on your earnings and your family, so let’s minimise this impact!