Gifting & Tax Deductions: What You Need to Know!
The holiday season is a perfect time to show appreciation to both clients and staff, and gifting can be a meaningful way to strengthen relationships. For clients, thoughtful gifts can enhance loyalty and demonstrate that their partnership is valued. For staff, recognizing their hard work and dedication boosts morale and reinforces a positive workplace culture….
Taking the pain out of commercial property management
YHPJ are pleased to announce the launch of our commercial property management service – YHPJ Property Services Limited. This new offering is a natural extension of our commitment to delivering solid accounting and business advisory support services – we now provide specialised service to manage and optimise commercial real estate investments through our sister company…
Free Seminar: Pathways for Progression & Succession
If succession planning has been on your mind, we would love to see you at our next free seminar, presented together with DairyNZ, Beef+Lamb, AgFirst and Northland Inc. PATHWAYS FOR PROGRESSION AND SUCCESSION Come along to hear from farmers sharing their experiences and strategies, alongside our ideas for successful progression in agriculture. The financial challenges…
Next Gen Farming – New Financial Year
Farmers – tips & tricks to improve your processes The start of a new financial year is a great opportunity to do some housekeeping and streamline your business administration so you can spend less time on admin. Don’t know where to start with any of these suggestions? Please get in touch – we can help!…
IRD Debt not under arrangement? IRD stance is about to get tougher
In recent years, IRD have been reasonably lenient to customers with overdue debt as part of the post COVID-19 relief measures. However, IRD have recently announced that this grace period is soon to be over, and customers with significant outstanding debt need to be actively engaging with them. As of July 1, the way the…
Tax Changes on the Horizon: What’s Next?
Several alterations in the tax landscape could affect you, stemming from both recent budget adjustments and long-anticipated changes. It’s essential to keep up to date with these developments as they can significantly influence your financial situation. Here is a high-level summary of some of the changes that may impact you: What’s changed How will it…
Kick off the year with less paper and more automation
Maybe you want to go paperless this year or perhaps you already have and want to automate some of those repetitive manual tasks. Now is a great time to look at improving your accounting processes for the 2025 financial year. Not using Xero yet? If you are keeping a manual cashbook on paper or in…
How to Reset Multi-Factor Authentication (MFA) for Xero
Multi-Factor Authentication (MFA) is a security feature that adds another layer of protection by requiring an app on your phone to verify your login. This helps to prevent a third party from using your login credentials from accessing your Xero account. Once setup on your phone, you may need to reset it if you lose…
Does your business collect and hold personal information?
In today’s digital landscape, information reigns supreme. As consumers, we often freely disclose our personal data multiple times a day, sometimes without even realising it. Yet, for businesses, safeguarding this information is a crucial responsibility—one that cannot be overlooked. The Privacy Act 2020 supersedes the Privacy Act 1993 and dictates how organisations and businesses collect,…
Increase in Minimum Wage – what does it mean for your business?
As of today (April 1, 2024), New Zealanders will see a 2% increase in minimum wage to $23.15 per hour, while the training and starting wages will rise to $18.52, remaining at 80% of the adult minimum wage. Although seen as a conservative increase following the 7% increase to minimum wage the previous year, The…
Thinking of Borrowing In 2024
Financing your business in 2024 As trusted accountants and business advisors, we are seeing the challenges faced by clients thinking of borrowing or re-fixing existing loans at this time. In an unpredictable and uncertain post-election economy, it is hard to know what the best option for your business is and where to go for help….
Out with the old, in with the new
Review For some the 2023 financial year will be a spec in the rear vision mirror but for others, the next six weeks will be a mad rush. Tidying up your financial queries and booking time to see your accountant to assess how 2023 went and the level of tax that will be due come…
Making the Leap: A Guide on How to Switch Your Accountant
Choosing the right accountant is crucial for the financial health of your business. However, circumstances change, and you might find yourself needing to switch accountants for various reasons. Whether you’re seeking better service or more expertise, making the transition smooth is essential. In this article, we’ll guide you through the steps of switching accountants to…
People People People
‘If you look after your staff, they’ll look after your customers… it’s that simple.’ A well-known quote from Richard Branson So what value do you put on people? What are your values for the behaviours in your business? How do your staff contribute to these values? Do you nurture, develop and retain good people? Do you…
Feeling the Pinch?
No matter where you are in your business’s lifecycle, the current impact of post-COVID inflation paired with the attempt at curtailing that is starting to take effect.
Top 3 tips for the new Financial Year
How to get the best start to the new Financial Year Welcome to our blog page! As you enter a new financial year, it’s essential to ensure that your finances are in order. Whether you’re looking to start a new business or maximise your returns, our team of experienced accountants and business advisors are here…
The Trust Act 2019 – what does it mean for you?
Trusts are legal entities that been used by New Zealanders for hundreds of years for a variety of purposes. For some, your trust might have previously ticked along year-to-year without requiring much attention at all; however, new legislation requires all trustees to consider the core components of the Trust Deed and take a more active…