Finding the Right Person to Manage your Business (North Harbour)

20 June 2013

  The majority of Kiwi businesses are owner managed.  The shareholders are the directors - and also provide day to day management. In the early stages - and while your business is relatively small, this can be perfect.  After all, no-one … [Read more...]

Budget 2013

Budget 2013

  As usual at Elevate CA on budget day it’s all ears on the live stream as Bill English reads Budget 2013.  Here are our first impressions and some initial comment around the tax and business related aspects of Budget … [Read more...]

Do you know this person? (we’re hiring)

We're hiring ...

  A warm welcome to Tim Chapman to the Elevate CA team this week.  Tim will be a fantastic addition to our crew - but we still need one more accountant to join our team. Do you know this person? We're looking for a person who is up to … [Read more...]

Protecting your business when things go wrong (Newmarket)

15 May 2013

  Without a certain appetite for risk, most business owners would instead be happily employed in someone else's business.  But of course where there is risk, the worst can happen. Being a business owner involves a mix of risk and reward.  … [Read more...]

Protecting your business when things go wrong (North Harbour)

18 April 2013

Being a business owner involves a mix of risk and reward.  Without a certain appetite for risk, most business owners would instead be happily employed in someone else's business.  But of course where there is risk, the worst can happen. The … [Read more...]

Should you spend $1 to save 28 cents?

Consumable Aids

  There is no sense in paying $1 to save 28 cents, right?  At this time of year, we always get a number of calls from business owners exploring the idea of spending money on expenses their business doesn’t necessarily need in order to get a … [Read more...]

Are you a New Zealand tax resident?

Are you a New Zealand tax resident?

New Zealand tax residents pay tax in this county on their worldwide income.  This is a straightforward rule on the face of it – but what is a New Zealand tax resident? Kiwis remain tax residents until they have been outside New Zealand for 325 … [Read more...]

Using Imputation Credits at 30%

30% Imputation Credits

Would you pay $1,000 today rather than paying $1,667 later?  That’s a question many companies must answer before 31 March. We have a window of opportunity until 31 March 2013 to declare dividends with Imputation Credits (ICs) attached at up to … [Read more...]

Why do Businesses Stop Growing? (Newmarket)

20 March 2013

Back in 1965, Bob Dylan wrote the song "Its alright Ma, I'm only bleeding" - the lyrics of which have morphed into the oft repeated business cliche "If your business is not growing, it's dying". Although overused, this statement is generally true.  … [Read more...]

Payroll changes from 1 April 2013

payroll changes from 1 April

  There are a few payroll changes that will affect almost all employers from 1 April.  You will need to be aware of these when you complete your Employer Monthly Schedules (EMS) for pay periods starting on or after that … [Read more...]

Online vs Bricks and Mortar Retailers

online retailing vs bricks and mortar

Are New Zealand bricks and mortar retailers becoming show rooms for online retailers? Who among us hasn’t browsed around a store doing homework and picking the brains of the sales staff – then gone home and searched out the best price … [Read more...]

IRD Industry Benchmarking

IRD Benchmarking

The IRD have always used industry benchmarking as a tool to identify businesses that may warrant further attention by their investigation team. But this has previously been a dark art where those outside the IRD have little idea of what the … [Read more...]

Nexus between Expenditure and Income

Nexus

The Oxford Dictionary defines “nexus” as “a connection or series of connections linking two or more things.” This is a rarely used word outside smartphone or tax circles.  But it is an important concept for business owners when determining … [Read more...]

Are you using an old version of Cash Manager?

120214 - accomplish logo

Are you a user of an old version of the Accomplish Cash Manager accounting software?  By old, I mean version CM2009 or earlier. If so, you may or may not know that Accomplish’s policy is not to support only the current and three prior versions of … [Read more...]

Why do Businesses Stop Growing? (North Harbour)

21 February 2013

"If your business is not growing, it's dying".  I'm not sure whether it was Bob Dylan or TJ Sullivan whos words were adapted into this business cliche - but it is oft repeated in business literature. Although overused, this statement is generally … [Read more...]

We are hiring!

Accountant Job Whangarei

We are growing fast - and are looking for just the right accountant to join our team.  Who we're looking for? We're looking for a person who is up to speed in the industry right now.  You'll need to have at least two years recent … [Read more...]

Elevate CA – Christmas Party 2012

Elevate CA - Christmas Party 2012

  We would be honoured if our clients, professional contacts, BOF members and friends would join us at 4:00pm on 5 December for the "Elevate CA Christmas Party - 2012". If the idea of an accountant's party leaves you searching for excuses like a … [Read more...]

Divorce Proof your Business (North Harbour)

Business Owners Forum - 29 November 2012

  Divorce or separation can have far reaching or fatal consequences for your business.  Typically shares in the business are matrimonial property - and their value will form part of the pool of assets to be divided.     This can result … [Read more...]

Kickstart your Business for 2013 (Whangarei)

15 November 2012

  Resolutions made on new years day are famous for not making it past January.  To increase the chances of those business resolutions sticking, now is the time to start planning - identify exactly what it is you want to achieve next year, … [Read more...]

Cashflow when times are Tough (North Harbour)

18 October 2012

Managing Cashflow is top of mind for most business owners.   And when times are tough, proper and innovative management of cashflow can become a matter of life and death for the business. Cashflow management can be a critical success … [Read more...]

Q: Are you bound by tax law not yet drafted?

120810 - lease icon jpg

  A:  If you’re negotiating to lease commercial premises for your business, you are now subject to an as-yet-unwritten change in tax legislation.  Read on. Times are tough for many a commercial landlord.  Many buildings are less than … [Read more...]

Good Tax, Bad Tax

Good Tax, Bad Tax

  Q: When can tax be a positive thing?  A: When it encourages behaviour that makes the world a better place for us all.  In my humble opinion, that is. Tobacco excise falls into this category – it provides a disincentive to smoking, … [Read more...]

Drugs, dangerous equipment and process

Dismissed for operating dangerous equipment under the influence fo drugs

  If an employee reports for work ready to operate dangerous equipment - then tests positive on a random drug test, you’d be on safe grounds dismissing for serious misconduct, right?  Not so simple.      Correct process is essential … [Read more...]

Multi-choice Question of the Day

120809 - question mark icon

  A $100 credit on your next Elevate CA accounting invoice for the first person to correctly answer this question!                   … [Read more...]

Productivity – getting more from what you have (North Harbour)

Business Owners Forum - 16 August 2012

  Almost all business owners find themselves under intense pressure to do more with less.  Maintaining competitiveness is a constant imperative with customers and clients typically wanting more, wanting it faster - and expecting it to cost … [Read more...]

Gemma’s Big News

Gemma Mitchell

  A big Congratulations to Gemma and her husband John!  Gemma and John are expecting a baby boy on 6 October - and they have already named him Charlie. Gemma will be on maternity leave from 14 September.  And the good news is she'll be … [Read more...]

The Power of Branding for your Business (Whangarei)

Business Owners Forum - Whangarei - 19 July 2012

What does it take for your business to unleash the full potential of its brand?  Our panel will discuss this question from three different angles at the July 2012 Business Owners Forum event. This event will be held on 19 July at the Elevate … [Read more...]

Is sitting at your desk killing you?

is sitting at your desk killing you?

  The benefits of a physically active lifestyle are well proven.  No surprises here, right?  We all know that regular aerobic activity reduces the risk of all sorts of chronic disease. But here’s something new that goes one step further than … [Read more...]

Budget 2012 – as it unfolds

Budget - 24 May 2012

  As usual at Elevate CA on budget day it’s all ears on the live stream as Bill English reads Budget 2012.  Here are our first impressions and some initial comment around the tax related aspects of Budget 2012 …    2:05pm Bill … [Read more...]

Managing Disputes and Conflict Resolution (North Harbour)

120621 - calendar icon

  Clinical Psychologist Richard Hughes once defined conflict as that which occurs when two opposing parties have interests or goals that appear to be incompatible.  Conflict and disputes are an almost inevitable facet of business life - … [Read more...]

Take a very quick client survey

Elevate CA client survey

We are very grateful to the fantastic clients who we are fortunate to serve.  Without your continued support, there would be no Elevate CA.  We don't take your support for granted - so we'd very much like to know what you really think about your … [Read more...]

Tips ahead of the Financial Year End

tips for the financial year end

The end of the financial year is fast approaching for the majority of businesses. Here are a few areas you may wish to look at now which will help us minimise your tax bill. 1. Trading stock We’re not talking about livestock here, but the … [Read more...]

To Fix or to Float – that is the question.

Fixed or Floating?

For a week or so back in July, we figured it might be time for those with floating business or residential borrowing to fix the rates on say half of their debt.  At that time we were seeing June 2011 quarter annual inflation figures well above … [Read more...]

Be a sought after Employer (Whangarei)

17 May 2012 - Business Owners Forum

  We hear so much in the media about unemployment, but the experience of most business owners is that there is no pool of great talent waiting at the front door. Finding and retaining good people for your business is a challenge. Of course it is … [Read more...]

Should NZ introduce a Fat Tax?

Lurpak

Would a "fat tax" be a step too far?  Could the tax system perhaps encourage Kiwis to be healthier? It already does.  Imagine how many more Kiwis would die prematurely from smoking related conditions if not for the fact that cigarettes are … [Read more...]

The difference between “could” and “would”

"Could" versus "Would"

What a difference one word makes:   From 1 April 2011, the Employment Relations Act was amended to change the test of whether a particular action by an employer was justified – for example a dismissal.  Before 1 April, the key question was what … [Read more...]

Elevate CA Christmas Break

Elevate CA - Christmas 2012

  "What doesn't kill you makes you stronger".  Friedrich Nietzsche famously said that in 1886.  And Kelly Clarkson said it again this year, so it must be true.   The last few years have been tough, but almost without exception our … [Read more...]

Be a sought after employer (North Harbour)

19 April 2012

  Finding and retaining good people for your business is a challenge.  We hear so much in the media about unemployment, but the experience of most business owners is that there is no pool of great talent waiting at the front door. Of course … [Read more...]

Ways to reward your team (Whangarei)

15 March 2012

  This event will explore some of the innovative ways your business can pay and reward your team.  What are the income tax and fringe benefit tax implications of these?  What works in practice and what doesn't?  What are others doing in … [Read more...]

Ways to reward your team (North Harbour)

23 February 2012

  What are some of the different and innovative ways to pay and reward your team?  What are the income tax and fringe benefit tax implications of these?  What does employment legislation and case law have to say about these options?  What … [Read more...]

The Power of Branding for your Business (North Harbour)

1 December 2011

  What does it take for your business to unleash the full potential of its brand?  Our panel will discuss this question from three different angles at the final Business Owners Forum event for 2011. This event will be held on 1 December … [Read more...]

Advisory Boards: What are they and do I need one? (Whangarei)

17 November 2011

What are Advisory Boards and do you need one?  What's the difference between a formal board and an advisory board?  These very good questions will be answered by a panel at this Business Owners Forum event on Thursday 17 November in … [Read more...]

Advisory Boards: What are they and do I need one? (North Harbour)

20-oct-2011

  What are Advisory Boards and do you need one?  This very good question will be answered by a panel at this Business Owners Forum event on Thursday 20 October. This event will be held at the BNZ Partners facility on Constellation Drive, North … [Read more...]

Good Governance for your Business (Whangarei)

110922 - calendar icon 22 september 2011

  What is Good Governance?  Is it more than just a term that separates ineffective organisations from those that are operated according to best practice?  What does Good Governance mean to organisations below the corporate, government or local … [Read more...]

A story of a bank and a careless email

careless email

  This is a story of a bank and a careless email. Since Alan Bollard reduced the OCR in response to the Christchurch earthquake, three year fixed interest rates on residential mortgages have been somewhere just under 7%pa.  With floating … [Read more...]

Managing Risk in our Current Economy (North Harbour)

18-aug-2011

  Managing financial and operational risk is a challenge at the best of times.  But in the current economic environment, businesses need some sound strategies in these areas. On 18 August, the Business Owners Forum will feature a panel … [Read more...]

Managing Risk in our Current Economy (Whangarei)

Business Owners Forum - 21 July 2011

  Managing financial and operational risk is a challenge at the best of times.  But in the current economic environment, businesses need some sound strategies in these areas. On 21 July, the Business Owners Forum will feature a panel … [Read more...]

Are you a Quickbooks user?

quickbooks

  Quickbooks are encouraging users with older versions to upgrade by offering a carrot.  We're not in the business of necessarily pushing Quickbooks in preference to other packages like Xero, MYOB, Cash Manager, Bank Link or the many … [Read more...]

Personnel Files

personnel files

  Employers have until 1 July 2011 to bring personnel files up to date for each employee.  The majority of employers already maintain personnel files for each employee – but many do not meet the new standard under the recent amendments to the … [Read more...]

Budget 2011 as it Unfolds

NZ 2011 budget

  As usual on budget day, it's all ears on the live stream at Elevate CA. Here are our first impressions and some initial comment as Bill English reads Budget 2011 ...   2:05pm Bill English is explaining the theme of Budget 2011. This will be … [Read more...]