by Peter McCarroll | Dec 5, 2014 | Uncategorized
Party party party!!! Are you planning a Christmas function for special clients and/or suppliers and business contacts? Be aware that this will come under the entertainment regime for purposes of tax deductibility. Any expenditure on food and drink that your business... 
by Peter McCarroll | Nov 14, 2014 | Uncategorized
So you have a retail outlet and are using Xero to manage your accounting. Great start. But in retail you have a number of settlement issues. There are sales on account, customers may pay on account over the counter, EFTPOS (debit cards) and various credit cards may... 
by Peter McCarroll | Oct 30, 2014 | Uncategorized
My eldest son, Thomas, turned 17 last November. Since then, in between his studying, he has been learning to drive (no accidents yet, although his driving instructor reliably informs me there have been a few close shaves!). He will shortly be taking his test, so my... 
by Peter McCarroll | Oct 20, 2014 | Uncategorized
A new report by the Ministry of Business, Innovation and Employment looks at outcomes of key changes to employment law made in 2011 to see if they are working as intended. What the changes were meant to do The broad aims of the changes were to: • reduce compliance... 
by Peter McCarroll | Oct 10, 2014 | Uncategorized
After the government increased the minimum wage rates earlier this year, it made a further amendment to the Minimum Wage Order, issuing a new fortnightly rate. The fortnightly rate is $1,140 for adult employees and $912 for starting-out workers and trainees. If you’re... 
by Peter McCarroll | Sep 20, 2014 | Uncategorized
You may have heard about changes to the financial reporting legislation. In the short term, many people are finding it a bit hard to work out how or whether the changes affect them. The requirements are changing for some businesses that used to have to file financial...