Welcome to our blog!

It's the place to go when you want to know

Never want to miss an article?  Have links to our latest blog posts delivered once a month straight to your inbox!

Subscribe


Blog categories:

All Categories Accounting Software Business and Success Strategies
Commercial and Residential Property EBP and Team Farming and Agriculture
Health and Safety Inland Revenue Legal
Payroll, Employment and HR Student Loans Taxation
Technology and Cyber Security The Orchard "Hot Desking" Dates  


myIR with notification bell: check with your tax agent before paying taxes or claiming refunds

If you are linked to Inland Revenue's myIR you may receive correspondence via the online service notifying you of upcoming tax payments, or credits available for refund. However if you are also with a tax agent or accounting firm these notices have the potential to cause issues.

Read more…

Annual bookkeeping paperwork: how to obtain your annual RWT certificates

Question: My accountant is asking me for my RWT certificates for the last financial year, but my bank hasn't issued me any. How can I obtain these?

Answer: If you use online banking, your annual tax statements may have been made available to you via your online banking login.

Read more…

Announcing the winner of our EoY Livestock Count prize draw!

Curious cow: announcing winner of EBP's 2018 Livestock Count prize draw

We re-introduced our Livestock Count prize draw for the 2018 income year, to reward farming clients who submitted their closing livestock numbers to us within two weeks of their balance date.

Read more…

Farmhouse in picturesque setting: can sharemilkers and contract milkers claim 20% deduction on farmhouse expenditure?

Question: Can sharemilkers and contract milkers use the same approach as farmers and claim 20% deduction for farmhouse expenditure?

Answer: Yes - sharemilkers and contract milkers may claim a 20% deduction for farmhouse expenditure (for example, power and insurance bills) without calculating actual business use of the farmhouse, if:

  • They carry on a sharemilking or contract-milking business as sole traders or a partnership independent from the farm owner's business;

  • The business is of sufficient scale to require its own home office and centre of operations in the sharemilker's or contract milker's farmhouse; and

  • The sharemilker or contract milker's farmhouse is used in a similar manner to and to a similar extent as other farmhouses on type 1 farms.

Read more…

Schedule PAYE tax payments early to avoid hefty penalties

Coffee and alarm clock: how scheduling PAYE payments can help avoid penalites

If you file your PAYE returns on time but forget to pay the full amount of PAYE by the due date, Inland Revenue may charge a non-payment penalty as well as late payment penalties and interest.

Read more…

Small work truck: a new method for calculating expense claims on mixed-use vehicles

From the 2018 income year on there are two methods for calculating the business portion of a mixed-use vehicle:

  • cost method based on actual costs, or;
  • kilometre rate method, with that rate being set by the Commissioner of Inland Revenue.
Read more…

Our July "hot desking" date at The Orchard

The Orchard's open-plan shared office space, overlaid with Ean Brown Partner's July hot desking date

Small work truck: a new method for calculating expense claims on mixed-use vehicles
Do you know ...?

About the kilometre rate method for claiming expenses on the business portion of mixed-use vehicles?

Read more…

IRD to adopt leniency due to online GST processing issues

Inland Revenue have advised the problems with their online system for filing GST returns have now been resolved.

They acknowledge myIR has been slow or unavailable recently, which may have caused frustration and inconvenience to customers who have been trying to use the online services.

Due to these issues, Inland Revenue have confirmed they will not apply late filing and late payment penalties to GST returns due yesterday for the period ended 31 May 2018, if they are filed and payments made by Wednesday, 4 July.

They apologise to their customers for any negative impact the service issues have had.

House on farm: should accommodation be included in farm employee's gross wages?

Question: We have heard we have to add the value of the accommodation we provide to our farm employee on to their gross wages. Is this true?

Answer: Yes, that's correct. Many farm employees are employed on an agreed gross weekly or fortnightly wage, and in addition they either board in the farmer's home, or the employer provides a house for them. The value of the board or accommodation provided to your employee is taxable income and should be treated as gross income to them.

Read more…

Claas harvester in field: how to distinguish allowances and benefits to farm workers

Farm employees are often paid allowances or receive benefits from their employer as part of their employment agreement.

Some of these allowances will be tax-free in the hands of the employee. Others will need to be taken into account when calculating their wages and corresponding PAYE deductions, as the value of the benefit is deemed to be part of their gross income. Others may be caught under the Fringe Benefit rules.

It is important to be able to distinguish the different types of allowances and benefits so that the correct accounting and tax treatment is made.

Read more…

Our June "hot desking" date at The Orchard

The Orchard's open-plan shared office space, overlaid with Ean Brown Partner's June hot desking date

Small home office - home office expense claims - which method is best for you?
"Home office expense claims - which method is best for you?" - EBP blog

Did you know about the new simplified option for calculating your home office tax deductions?

Read more…

Home office expense claims - which method is best for you?

Woman working from home office: home office expense claims - which method is best for you?

If you have a home office or use an area in your home for work purposes, you now have two options for calculating the amount you can claim as a tax deduction:

Read more…

Beef+Lamb NZ Farm Safety System workshops in Northland

Farmer on quad bike: Beef+Lamb NZ presenting free Farm Safety Management workshops in Northland

Beef + Lamb New Zealand have developed a Safety Management System for farmers, which they are presenting throughout the country in a series of one-day workshops.

On Thursday 31 May 2018 they are presenting a workshop in Tangiteroria, and on Friday 1 June 2018 they will be at Whananaki North.

Read more…

MyACC for Business - why you should check your ACC levy invoice

ACC logo with arrow cursor icon overlaid: MyACC for Business - why you should check your ACC levy invoices

ACC has recently replaced ACC Online with MyACC for Business, with the aim of providing new and improved online services to their business customers.

Like the introduction of any new computer system there are the usual glitches and stumbling blocks, and ACC are occasionally relaying incorrect information to customers who contact their call centres.

Read more…

Our May "hot desking" date at The Orchard

The Orchard's open-plan shared office space, overlaid with Ean Brown Partner's May hot desking date

Desktop, laptop, tablet - how using technology and digital tools can help businesses of every size improve productivity
"How small businesses can use tech to be more productive" - business.govt.nz

Are you leveraging technology to work smarter, not harder?

Read more…

Meet The Team

Ean Brown
Director/ Chartered Accountant
FIND OUT MORE
Barbara Collinson
Team Manager/ Chartered Accountant
FIND OUT MORE
Andrea Allen
Chartered Accountant
FIND OUT MORE
Flynn O'Meara
Chartered Accountant
FIND OUT MORE
Jared Slatter
Chartered Accountant
FIND OUT MORE
Jessie Alison
Chartered Accountant
FIND OUT MORE
Pam Brown
Accounting Technician
FIND OUT MORE
Sally Adams
Chartered Accountant
FIND OUT MORE
Valeria Maw
Chartered Accountant
FIND OUT MORE
Vicki Cozens
Chartered Accountant
FIND OUT MORE
Bonny Rowson
Administration
FIND OUT MORE
Julie Jenkins
Administration
FIND OUT MORE
Renee Marais
Reception
FIND OUT MORE
Sheila Ujdur
Administration
FIND OUT MORE
Meet more of the team

Contact / Connect