You should already know that if you’re in business and you make a profit then you have to pay tax. Not paying tax can see IRD chasing you for collection and your debt almost doubling every three years it’s not paid. Despite this, not every business pays their tax. As at June 2015, New Zealand
Last year I decided that it was time to help teach my daughter her first lesson about running a business. She was six years old and we had more apples than we could eat or need to freeze for apple pies in winters. I figured it was a good opportunity to teach her some basics
Do you sometimes wonder why your accounting fees are still high even though you’re using great accounting software? Any output from accounting software is only as good as the information entered. We frequently find users of computer software use the wrong codes when entering transactions (e.g. GST coded on personal expenses, hire purchase payments coded
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