-
Keeping records offshore
Oct. 21, 2015
The IRD's new practice Statement 13/01: Retention of business records in electronic format, application to store records offshore and application to keep records in Māori. -
Cancelling your GST registration
Oct. 21, 2015
Did you know that if the value of your taxable supplies within a 12-month period is $60,000 or less, your GST registration becomes voluntary, unless you expect the value of your taxable supplies to exceed $60,000 within the next 12 months? -
How to avoid financial difficulty
July 13, 2015
ACTION STATIONS! The vast majority of companies in New Zealand are small or medium businesses. The people behind these businesses usually commence business with the desire to earn sufficient profit to enable significant returns to its shareholders. The reality is that very few businesses achieve the level of returns that the shareholders desire, with many businesses achieving no returns at all or failing. In this article, we look at some of the early signs that a company is in trouble, and what a prudent director ought to do to best protect the interests of the financial stakeholders. -
Changes to Annual Returns
July 10, 2015
From 1 July, annual returns to the Companies Office must include extra information about company directors. Filing an annual return will remain a quick and easy process, but you will need to take the time to gather the following details. -
In numbers: ACC levies fall on petrol and regos
July 1, 2015
ACC motor vehicle levies are going down on 1 July 2015. Drivers of light passengers vehicles – cars, SUVs and vans – are in line for even further reductions with the introduction of vehicle risk ratings. -
IRD in 'cashies' crackdown
May 5, 2015
Inland Revenue Department has tagged four parts of Auckland for a 'cashies' tax crackdown that could turn into a national campaign. -
How to ensure you're correctly invoiced by ACC
April 3, 2015
It's very important to choose the right business industry classification (BIC) when you apply for an IRD number, register for GST, register as an employer and file your tax return. -
Overdue terminal tax does not have to be terminal.
April 3, 2015
Tax pooling can help wipe any IRD late payment penalties and reduce interest costs by up to 30 percent...even if you are late in paying your tax. -
GST on entertainment expenses
March 27, 2015
Once a year, you have to make an adjustment on your GST return to pay GST on the 50% non-deductible expenses you've previously claimed -
Keeping records and claiming business expenses
March 14, 2015
You hear it time and time again - keeping good business records pays dividends. There are legal reasons for keeping accurate records, as well as good business reasons, such as supporting the expenses you've claimed against your business income. -
2015 The Great Auckland Bed Race
March 13, 2015
On March 22nd 2015 the Ascension RCA Group sponsored BNI Metro Team will race to raise money for Hospice. Come and join us at the Auckland Domain for the race and associated fun activities for the family. -
Virtual CFO launched
March 4, 2015
Today's actions produce Tomorrow's results. Ascension RCA Group launch Virtual CFO to equip business CEO's with the expert support to take their business to the next level.
