This is the 3rd trip Dan and Nancy have been on, to work on their business. Yes, they practice what they preach.
Yorke Stone is part of a group of 7 accounting firms from across New Zealand that meet every 3 months with their coach, to work on how we can serve our clients better.
The Institute of Chartered Accountants New Zealand put on an event 3rd of May to celebrate the academic and community achievement of accountants in Northland.
Introducing Tui Yardley our new Client Services Manager. Tui was born and raised in Kaipara then she moved to live, study and work in Whangarei from the age of 17yrs.
Kia Ora team, It has been a while since our last newsletter and like many of you we are navigating our way through the diff erent challenges of being in business during this time.
The link below will take you to the government website that has the most current Active Government Response Package at a Glance:
https://treasury.govt.nz/information-and-services/newzealand-economy/covid-19-economic-response/package
As New Zealand moves down the COVID-19 alert levels businesses face a long transition period from the unknown to the ‘new normal’.
Social distancing, strict health and safety guidelines, restricted international and regional travel are amongst numerous practises that will likely continue to apply for as long as COVID-19 remains a global threat.
The Yorke Stone Team hasn’t stopped since Covid-19 hit and we are taking this time to stop, get our energy levels back up and rest.
We are back nice and fresh from the 6th of July 2020. Accountants: part time robots but mostly human. We thank everyone for understanding.
We are pleased to introduce Richard Vigus, the newest member of the Yorke Stone family.
You may think New Zealand’s tax rules are difficult to follow. The following unusual, yet permitted deductions in the US may change your mind.
Changes to the provisional tax regime, effective from the 2018 tax year, have generally been well received by taxpayers.
The Income Tax Act 2007 has long contained provisions to tax the sale of property (or other assets) acquired with the intention of disposal. However, ‘intention’ is a subjective concept and has been difficult for Inland Revenue to police.
Ratio analysis is a method of gaining insight into a company’s liquidity, efficiency and profitability by comparing the information contained in its financial statements.
Various tax concessions exist that can save significant time and money, but they are often overlooked.
This month we feature Aaron Maple - Director of Wash Rite Northland
You can view our June newsletter in it's entirety here
How does the GST Offshore Supplier Registration Bill affect your New Zealand business?
Making the most of your time at work can be difficult, with unproductivity being a commonly cited issue among many workers.
Broadly speaking, a payment from a company to a shareholder is likely to be a salary / wage or a dividend, and therefore taxable income.
With almost 237,000 small businesses started in Australia in 2018, succeeding in a new business venture can be as daunting as it is exciting.
Keeping your business in the family when you decide it’s time to retire is a common choice for many owners.
We spend a good chunk of our life at work. Surrounded by people who start off as strangers and overtime you become mates or create a level of friendship and then they become your family.
A niche marketing strategy is one that targets a specific subset of a market and is not a strategy that is ideal for every business.
The Tax Working Group (TWG) released its long awaited Final Report (‘the Report’) on 21 February 2019, following a 13 month review during which the Group received over 7,000 public submissions. The report contained 99 recommendations for the Government’s consideration; including the introduction of a broad Capital Gains Tax (‘CGT’).
The Employment Relations Amendments Act 2018 has introduced a number of changes that aim to improve conditions in the workplace and offer more protections to employees.
Without exposure, businesses would come and go very quickly. Advertising requires you to know your target audience and what form of media they would consume the most.
If an individual pays “…a monetary gift of $5 or more…” to a charity they are able to claim 1/3rd of it back from Inland Revenue (IRD). Prior to 1 April 2008, individuals could only claim donations of up to $1,890, i.e. a refund of $630.
Cash flow strategies are important to implement in a business. Without profits and positive cash flow, you can struggle to survive.
Banks have done it, Lawyers too, Accountants are no exception. As of 1st October 2018, Accounting firms are to comply with the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009.
There has been no shortage of news about the Royal Family recently, particularly given Harry and Meghan’s visit to NZ.
Yet you may not know that in 1970 NZ was the location of the very first “royal walkabouts”, designed to enable the Queen to meet the public.
The holiday season is an opportunity to reward your employees for their hard work and clients for their loyalty; however, it is essential to know of the tax implications involved.
The Christmas party is a joyous event, but it is also a work sponsored function, and you have a duty of care to provide to your staff
on the night.
Modern HR practice considers people managers to be at the forefront of the employee experience, with employee engagement stemming directly from an employee’s relationship with their manager.
Summer is near, and we are diving into it with a new wind of enthusiasm. November is an exciting month for “Your accounting team!”, because we launched our new logo on Facebook.
Until recently, new parents received paid parental leave for just 18 weeks, one of the lowest allowances in the OCED.
New Zealand may be perceived as clean and green by the rest of the world, but we have a significant and growing problem.
The MBIE Labour Inspectorate have recently announced that they are going to prioritise employer compliance with the Holiday Pay Act. They expect businesses to calculate leave and holiday pay entitlements accurately.
The MBIE Labour Inspectorate have recently announced that they are going to prioritise employer compliance with the Holiday Pay Act.
The idea of a four-day working week might previously have seemed like a dream, but one Kiwi company is looking to make it a reality.
The bright-line test came into force from October 2015, introducing rules that a profit derived on the sale of a residential property is subject to tax if sold within two years of purchase, albeit subject to some exceptions such as the family home
Labour’s pre-election manifesto proposed to increase the fairness of the tax system and improve housing affordability. In the six months since the Labour-led coalition entered Parliament, we have started to see some changes filtering through.
Two months ago we welcomed a new member of the team, Anna Hamer.
How often have you found yourself vowing to improve your health or fitness?
Well now you can cut your time in half by using Thankyou Payroll.
A ‘difficult person’ might oppose ideas, be irritating, appear negative or simply not like other people.