As the new financial year approaches, it's crucial for businesses and individuals to prepare adequately to ensure a smooth transition and effective financial management. Whether you're a small business owner, a freelancer, or an employee, taking proactive steps can help you navigate the upcoming changes and set yourself up for success in the year ahead.
Read MoreThere are specific tax related tasks that you need to be considering when approaching the end of your financial year. The timing of certain expenditure when applied correctly can result in tax efficiencies.
Read MoreMaintaining positive mental well-being is essential for overall health and quality of life. Incorporating healthy habits into your daily routine can significantly contribute to a sense of balance, resilience, and emotional stability. Here are some key habits to consider integrating into your lifestyle to support positive mental well-being.
Read MoreRolling out on the 26th of May 2023, participating banks (ANZ, ASB, Bank of China, BNZ, Citi, HSBC, ICBC, Kiwibank, TSB, and Westpac) will be introducing a new core payment system project to extend electronic payments to 365 days a year.
Read MoreUnder the Companies Act 1993, Company Directors duties included being accountable for effective risk management to ensure their organisation can “survive” or at least exit gracefully from credible foreseeable crises. It is well known that most Kiwi businesses do not have an effective “risk Strategy” for key people or owners suffering from a sickness or injury.
Read MoreOn 30 January 2021 the Trust Act 2019 came into effect. This new Act has increased Trustee accountability and transparency for beneficiaries. It has also extended the lifetime of a trust from 80 to 125 years from the date it was created. As a result the responsibility, compliance and liability of all trustees has increased and there are duties that they need to be aware of.
Read MoreOn 1st December this year the updated Privacy Act 2020 comes into force. There are significant changes being made that will affect your business, specifically around what personal information you collect and store, and your responsibilities regarding the storage, access and protection of that information.
Read MoreCovid-19 has brought challenging times for businesses. It is more important than ever to regularly monitor all aspects of your business and to feel in control as much as possible. To help we have put together a practical checklist.
Read MoreTo help stimulate the New Zealand economy the Government has introduced some tax changes which have now passed into legislation. Some of them may effect you.
Read MoreWhen you buy small value assets the IRD have temporarily raised the threshold level for depreciation from $500 to $5000 (net GST).
Read MoreIRD has announced changes - if you are affected don’t hesitate to contact us - phone or email
Read MoreUnderstanding tax can be a confusing business.
We’ve compiled this handy quick guide to taxation and tax thresholds for your benefit.
Read MoreSwitch Accountants and Advisors may be a new company in town, but with 77 years combined experience between the three directors Charlene Purcell, Raina Hiki and Cathy de Farias, they are an experienced accounting team.
Read MoreThe following changes have been introduced to provide increased Financial support for New Zealand families.
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