The new associated persons rules for land transactions have caused some angst since coming into effect in August 2009. Associated persons rules were initially applied to land transactions in 1973 in response to a perception that developers were treating their activities as investments rather than taxable activities. The 1973 regime survived until August 2009 – and under those rules with a smart accountant it was still generally possible for developers to hold investment properties in a separate entity without tax on the capital gains on their investment properties.
Archives for March 2010
Business Owners Forum Topics
Here is the list of topics planned for the next few months in both Auckland and Whangarei:
20 May – Whangarei. Rough guide on how to value a business. Preparing a business for sale. What purchasers look for. What factors impact on what a person may pay for a business. Impact of today’s lending environment on business values. Process of buying and selling, due diligence etc. Common traps and tips.
15 July – Whangarei / 19 August – Auckland. How to motivate and reward your team. Techniques from the coalface to motivate and reward staff, and in particular ways to tie performance to remuneration. Common traps and pitfalls.
16 September – Whangarei / 21 October – Auckland. Succession and admitting new shareholders. Discussion on some of the issues and fish-hooks in admitting new shareholders to a business as a way to bring in new blood and pave the way towards succession. Ways the purchase of shares by an incoming shareholder can be financed.
18 November – Whangarei / 2 December – Auckland. How to build a winning culture and use it to create a competitive advantage. What works and what doesn’t work – including war stories from a client who has done it well!
3 February 2011 – Whangarei / 17 February 2011 – Auckland. Advertising – examining the different media available, some expert comment on what works and what doesn’t, how to measure advertising success or failure, and how much to spend relative to cashflow.
Panelists will be confirmed a few weeks ahead of each event
Format is casual, normally with a panel of three professionals skilled in the particular topic of the day. Lively discussion is the order of the day rather than the more usual presentation “seminar” format. We even put on beer, wine and pizza to lubricate discussion and get the creative juices flowing.
Business Owners Forums are supported by likeminded businesses ElevateCA, The Bottom Line Expense Reduction, BNZ and Webb Ross Lawyers.
So how do you get involved?
Just contact Fraser Hurrell and ask to be put on the email list – and you’ll be kept fully informed of upcoming events and suggested topics. We don’t spam – and you can unsubscribe automatically from the list any time with one click.
Fraser Hurrell is one of three directors of Elevate CA Limited, Chartered Accountants & Business Advisors in Whangarei, New Zealand.
We’re hiring
Elevate CA are growing quickly, and we’re looking for just the right accountant to join our team. Skills and professionalism are of course critical – but equally important is the mindset and attitude to thrive in the unique way we operate; relaxed – but highly focussed on providing fantastic value and service to our clients. We’re a very long way from the traditional accounting “factory”.