Sungesh Singh The past few years have proved challenging times for even the best of businesses, testing economic conditions, an increasingly complex regulatory environment, demanding customers and employees, cash flow restrictions and ongoing uncertainty have all contributed to a challenging business environment. Change and uncertainty can lead to fear in the business world
Important Date Looms for Loss Attributing Qualifying Companies (LAQC) and Qualifying Companies (QC) – Have You Taken Action?
By now people will be aware that LAQCs ceased to exist from the beginning of the 2011/12 year (1 April 2011) and by default they became QCs. This means that unless people make use of the transitional concessions, their ex-LAQC or QCs 2011/12 tax losses will not flow out to shareholders to offset their other
In our August 2009 newsletter we featured engineering firm and UHY Haines Norton client Teknatool International® Limited. The company manufactures high end consumer products for the home woodworker/DIY workshop including machines, electronic controllers, motors and supporting accessory products. In 2009 we reported that the company was continuing to prosper despite the tough economic conditions at
The survival and growth of all businesses is dependent upon getting paid. It is not enough to make the sale and provide the product or service - you need to get your invoices paid and the money into your bank account. There are two important aspects to successful credit management. The first is taking care
Accountants and Lawyers around NZ are watering at the mouth at the prospect of a Capital Gains Tax. The amount of work a CGT will generate for accountants and lawyers is enormous. Rowan Wallace from the UHY Haines Norton Brisbane office says “since capital gains tax was introduced in Australia it has generated a hell