Blog

KiwiSaver Enrolments

As an employer, you play an important role in helping your employees save for their retirement. Employees who start a new job and meet the criteria for automatic enrolment must be enrolled in KiwiSaver, unless you offer an approved alternative superannuation scheme or have been granted exempt employer status. Do you understand what you need to do?

What Christmas Party Expenses Can I Claim?

As the festival draws near you might be planning a Christmas function for special clients and/or suppliers and business contacts and you may be wondering what expenses you can claim. These expenses will come under the entertainment regime for purposes of tax deductibility.

Bruce Montgomery – Partner with Engineering Background

Need an accountant who understands the Engineering world? Bruce Montgomery has been an Accountant for 20 years now, although his first introduction to Accounting was actually 24 years ago when he worked part time for his father, in his practice, while he was finishing his Engineering papers. After deciding he needed a career change he began working full time with his Dad and started his studies part- time. While most of his employment has been in the public sector he also spent time in the corporate world working as the Accountant for a Freighting Company and he also gained a good understanding of how small business operates while employed in various Engineering rolls. With his engineering background, he enjoys working with the trades as well as Manufacturing and Transportation firms.

Can your manager take over from you as a business owner?

Corporate firms use sophisticated transition plans to allow staff to get promoted, to leave and to retire. Does an SME business owner have the same options?

Monteck Carter knows a lot of “baby boomer” business owners are already working on planning their own retirement. Some won’t actually get to 65 for ten years but having a large number of firms come up for sale at the same time may mean prices get depressed.

No business is “ready for sale” overnight – it takes time, planning and careful management… Let Monteck help you reach your financial goals!

Donations

When you run a business or own a company it is important to give back to the community you are in. Helping the community around you offers a huge benefit for you and for your community.

Difference between a successful and unsuccessful business

“STICK TO YOUR KNITTING“ many business people do try to do too many things, wasting time and energy on areas of their business that they could pay others to do for them. This can give them more time to either increase their chargeable hours or to work on their business and improve their bottom line.

Contractor Pitfalls and Pluses

What you should consider when you want to move from employee to self-employed contractor status.

Shareholders agreements

A Shareholders’ Agreement is a contract between the shareholders of a company. Without one, you risk a dispute at some point down the track when each shareholder has a different idea of who can do what, when they can do it, how it is done, and what was agreed at the outset. You do not really need one until you need one (at which time it is too late).

10 Daily Habits of the Rich and Powerful

It’s the little things that make up the big things. Here’s a list of ten traits of some of the movers and shakers in the world today (and from the past).

How to deal with late payments effectively

Having a steady cash flow is a must for any startup as it keeps your business running.

Inheritance Trusts

Most parents, at some stage in their lives, consider what provisions they would like to make for their children on their death, therefore some thought should be given in order to establish that there is some protection around those funds to ensure that they are not lost.

Is it worth setting up a Trust

Everyone seems to have a family trust nowadays – do you have one (or if you have) how do you know if it’s still relevant and appropriate for your individual situation? The answer depends on your circumstances. Trusts are generally set up to protect assets and look after dependent people. They can have a valuable role to play, but they are not suitable for everyone.