The old definition of insanity was “Doing the same thing and expecting a different result”. The new definition of insanity is “Doing the same thing and expecting the same result”. Taxi companies are doing the same thing they have always done, but Uber changed their industry overnight. Will driverless cars… Read More
Continue ReadingToo busy? Behind on the paperwork? Office person on leave? Need help with an accounting / office project? If any of the above apply then contact Q2 Assist – we have experienced book keeping, accounting and administration staff available for short term or part time contract assignments in the Auckland… Read More
Continue ReadingWe’re now past Halloween, which can only mean one thing. Christmas is coming! For many, Christmas is a reminder to take a well-deserved break. We’ve discussed how breaks are important here. Often, however, Christmas puts a strain on cashflow as well as stress on business owners. If you’re feeling… Read More
Continue ReadingThe much hated ‘owner’s basis’ calculations required since the LTC company regime started in NZ in 2012, are about to change. This is good news for the many LTCs now in existence and their accountants! Up to and including the 2016–17 income year, the tax deductions available to owners of… Read More
Continue ReadingWhen your accountant calls to let you know that your accounts are finished, how do you feel? Do you go ‘whippee’ now I can review in detail how I did this year, where the problem areas of my business are and how I can improve? Or perhaps you just look… Read More
Continue ReadingThe much anticipated Trust Act 2017 is currently on its first reading in parliament. Once the bill receives Royal Asset there will be an 18-month transition period before the new rules apply to existing family trusts. It is therefore timely to review the proposed new rules. Current Trust Law Trusts… Read More
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