News & Views

Latest accounting trends, valuable advice, insider tips, client successes.

Search for news

News & Views

...
New Zealand: A Strategic Opportunity for APAC Investors

New Zealand, known for its natural beauty, also offers a robust and attractive environment for business, and can be particularly attractive to investors from the Asia-Pacific (APAC) region. The country’s top position in the World Bank’s Ease of Doing Business index highlights the streamlined nature of its regulatory framework.

...
Client Profile: Animal Medical Centre

Nestled in the heart of Johnsonville, Northern Wellington, Animal Medical Centre has been a haven for pets and their owners for 19 years. Proudly independently owned, this veterinary practice embodies the belief that "pets are a beloved part of our lives."

...
The all-rounder finds her calling: Alix Dalzell’s Journey

Alix Dalzell’s career story provides reassurance to any high school student who does not have an answer when someone asks, ‘what do you want to do when you grow up?’

...
New Zealand's Growing Trade Ties with ASEAN

New Zealand's trade relationship with the Association of Southeast Asian Nations (ASEAN) has been significantly bolstered by the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). Since its implementation in 2010, AANZFTA has paved the way for enhanced economic cooperation and mutual growth between New Zealand and ASEAN member states.

...
Impact of the Changes in Marginal Tax Thresholds

For the first time since 2010, personal tax rate thresholds will change from 31 July 2024. The change was announced as part of the 2024 budget. When personal tax thresholds are not regularly adjusted to take into account inflation or wage growth, individuals end up paying a higher percentage of their income in taxes over time. As such, adjusting these thresholds arguably reverses past tax increases.

...
New Product Lines

It is important to regularly ask whether you are providing the products that your customers want and whether there are any new products that you could provide to ensure you are evolving with changing times as you look for the next income stream.

...
Donating Trading Stock

What was a temporary tax concession relating to donated trading stock has now become a permanent one thanks to the enactment of the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Act 2024 on 1 April 2024.

...
Employee Share Schemes

For businesses that trade through a company, circumstances might arise in which the shareholders consider selling a minority stake in the company to a key employee or group of employees. This could be to ensure that key talent is ‘locked in’ for the long term, as a means of succession if the existing shareholders are looking to wind-down or simply as a means to link effort to reward.

...
Non-BAU Transactions

BAU is a phrase that is used to describe “business as usual”. It is a good barometer of whether anything strange or unusual has occurred or whether things have been BAU.

...
Inland Revenue Activity

After a relatively quiet few years through the Covid pandemic, Inland Revenue’s (IR) audit activity has slowly started to increase over the past few years.