OUR client has an interest in a couple of companies and a family trust.

Sometimes, when it is convenient to do so, she grabs whatever cheque book she can lay her hands on to pay the bill in front of her. Thus personal bills get paid by the trust and trust bills get paid out of the company.

We have to correct the situation manually. It takes a lot of time. Surprise! The accounting fees go up. Continue reading →

THE most valuable asset on your computer should be your database of customers and prospective customers. Continue reading →

UOMI is such a monster we make no apologies for repeating advice we have given in an earlier newsletter. Continue reading →

IF YOU, or anyone you know, work in Australia, be careful. The tax laws are tricky. Continue reading →

Simple errors made by small businesses are resulting in penalties worth thousands of dollars, tax experts say.

Last year, the IRD handed New Zealand businesses just over $33 million in shortfall penalties, more than 400 of which were for gross carelessness.

Institute of Chartered Accountants tax director Craig Macalister said he saw a lot of small businesses making little errors that they often did not even realise had happened. Continue reading →

ON 14 JANUARY the Dominion Post published a photograph showing representatives of the Myanmar Government and representatives of the Guerrilla Army of the Karen People. Continue reading →

READERS sent us the following letters after our last newsletter. They add interesting information about the topics we covered. Continue reading →

PROFITS in a Look-Through Company (LTC) are automatically shared by the shareholders in proportion to their ownership.

Continue reading →

HERE are some simple tips for making sure your bank account is looked after. Continue reading →

DO CLIENTS or patients create a loss for you by not keeping appointments or cancelling at the last minute? Continue reading →