Accounting Innovation Limited

Another end of financial year has just passed for many of us. If you're thinking about changing accountants, now is a great time to do so. If you would like an accountant who speaks plain english, can do your GST, payroll, PAYE, FBT, income tax and financial statements, and have your accounts back to you within 6 weeks, then contact me for a no-obligation chat.

We're now half way through the financial year for most people. Have you had last years annual accounts prepared yet? Do you know how you business is tracking for the current year? Are you take payments up to date & reflect your true results? If you answered NO to any of these questions give me a call & find out how I can help. I offer a no obligation complementary meeting for all prospective clients.

Next time you think you're paying too much tax, spare a thought for those living in Belgium!

http://www.businessinsider.com.au/oecd-income-tax-wedge-chart-2015-4

Here's how much income is taxed around the world Taxes on wage income vary heavily around the...

Some good news for the day!

http://i.stuff.co.nz/business/money/68301307/Tax-freedom-day-falls-on-Thursday

Tax 'freedom' on May 7 Kiwis will pay off their collective taxes two days later this year.

If you have a March balance date and pay provisional tax, your final instalment for 2015 is due on 7 May. If you can't make that payment now is the time to be speaking to your accountant about alternatives.

End of the financial year today for most people. If you have stock (retail or livestock), don't forget to carry out a stock-take. Also, make sure you have written any bad debts off your ledger to ensure you are entitled to a deduction and review your fixed assets to see if there are any items that need writing off.

If you have been thinking it's time for a change in accountant, now is as good a time as any so please contact me for an obligation free chat.

And remember, I don't only prepare tax returns & financial statements, I can also take care of your GST, PAYE and payroll requirements!

It's hardly surprising that IRD have finally 'wised-up' to the fact that salary & wage earners are only filing returns when they are due refunds. It will be interesting to see how this plays out. But in the mean-time, if you are unsure whether you need to file a return or just want to check whether a refund is due, please contact me.

http://www.stuff.co.nz/business/money/67546457/tax-changes-to-affect-everyone

Tax changes to affect 'everyone' Everyone will be affected by an unprecedented overhaul of the tax system, Revenue Minister Todd McClay says.

2014 end-of-year income tax, Working for Families Tax Credits and student loan payments are due on 7 April (if you have a tax agent or accountant with a valid extension of time). It's always best to let your accountant know in plenty of time if you can't make payment. We have different options available to ensure any interest and late payment penalties are kept to a minimum.

Is preparing the payroll getting you down? Would you like to free up your time doing what you love? Talk to me about how I can help!

Are you thinking of changing accountants? Now is a great time as the end of the financial year draws near for most people. Please contact me if you would like an obligation-free chat to see how I might be able to help you in the coming year.

If you are considering purchasing a high value vehicle, you may be better to purchase it in your company name and then sell it out after a couple of years in order to maximise your deductions available.

Christmas is just around the corner. Are you planning on taking a break over the holidays? If so, don't forget that you may have GST and provisional tax due on 15 January. Make sure you start planning for these payments now.