Evolution of accounting!

I was trying to demonstrate how the accounting industry and accounting function in business has changed in past years so we came up with this illustration - the Evolution of Accounting.

IRD email scam

Important Notice to all Wise Advice Clients and Website Visitors We have been made aware of an email circulating purporting to be from the Inland Revenue Department, advising individuals and ...

Look Through Companies and Interest Deductibility

Inland Revenue released Question We’ve Been Asked QB (Question Been Asked!)11/03: Income Tax – Look-through Companies and Interest Deductibility on 1 November 2011. QB 11/03 considers whether ...

Business Buying – Doing your homework before you buy

Many people dream of buying a business and turning a small idea into a big success. The attractions are in making large profits, being your own boss, making your own decisions and employing other ...

Abolition of Gift duty – how will this affect your Trust?

As of 1st of October 2011 gift duty been abolished by IRD in New Zealand. If you have a Family Trust this will have significant implications for you.

A great new start or the same old, same old (or something in between)?

Today the new tax changes come in for those of us still left in the rental property market. It’s the start of a new financial year and it doesn’t feel so new anymore. We are all in the throes of ...