Monthly Archives: May 2017

2017 Budget Commentary

Issued 26th May 2017 The 2017 Budget announced on 25 May 2017 is a balanced budget with a few tax concessions. I.e., changes to the personal marginal tax bandings and increases in the Working for Families entitlements. The budget also makes provision to provide resilience against any future shocks to the economy. The Government reported

2017-06-08T14:58:30+00:00 May 26th, 2017|General|

Cyber Risk: Is Your Business Computer Network Secure?

Security concept: computer keyboard with word Cyber Crime, selected focus on enter button background, 3d render It’s a myth that cyber criminals only target large corporations. Our increasing reliance on ever-advancing technology also brings with it threats to businesses, regardless of their size or industry. A computer environment includes hardware such as physical

2017-06-08T14:58:39+00:00 May 25th, 2017|Assurance|

The UHY Haines Norton Audit Conference 2017

Education, up-skilling and connections: auditor Samson Ali shares his experiences at the 2017 UHY Haines Norton Audit Conference. I recently had the opportunity to attend the UHY Haines Norton Audit Conference held in Sydney. This annual event is attended by auditors from all of the Australasian UHY Haines Norton firms, and is an excellent combination

2017-06-08T14:58:47+00:00 May 19th, 2017|Audit|

Reminder: KiwiSaver Member Tax Credit Deadline – 30 June 2017

To receive the full KiwiSaver member tax credit of $521.43 for the 2017 year, KiwiSaver members must ensure that they have contributed at least $1,043 for the year ended 30 June 2017. The KiwiSaver member tax credit is the government’s contribution to KiwiSaver accounts. The maximum credit available from the government is $521.43. In order to

2017-05-19T09:30:12+00:00 May 16th, 2017|ACC and Kiwisaver|

Staff News April/May 2017

We are excited to welcome on board Carol Rewega in the new role of Bookkeeper. Carol has a varied career in accounts, ranging from SMEs to large corporations, and is experienced with numerous accounting software systems including MYOB and Xero. Her specialties include handling all aspects of corporate accounts and utilising her reconciliation skills –

2017-05-19T09:34:14+00:00 May 10th, 2017|The UHY Team|

Westpac Auckland Business Awards 2017

Entries are now open for the Westpac Auckland Business Awards 2017. Divided into North, West, South and Central regions, the awards are a prestigious celebration of success, innovation, strategy and creativity in today’s competitive business world. The entry process is free and can be completed entirely online. You may enter yourself, or nominate another business

2017-05-19T09:35:11+00:00 May 10th, 2017|Awards|

North West Business Awards 2017

The winners of the 2017 North West Business Awards were announced at a gala dinner held at The Riverhead attended by more than 150 local business operators and their staff, family and friends. The awards are an opportunity to celebrate the local region’s business successes, diversity and creativity. From the 46 finalists across eight categories,

2017-05-19T09:37:25+00:00 May 10th, 2017|Awards|

Right First Time: Entertainment Expenses

Taking the guesswork out of common SME topics so you can get it “right first time”. There is often confusion around which expenses can be claimed under ‘Entertainment’ and what is the tax deductibility criterion. Certain entertainment expenses are 100% deductible, while some are 50% deductible. Sometimes entertainment expenses can be private (making them 100%

2017-05-19T09:39:21+00:00 May 10th, 2017|Accounting and Taxation|

Taxing Matters: April/May 2017

A summary of the latest tax changes relating to individuals and businesses. On 1st April 2017, the IRD introduced the ability for New Zealand contractors to choose the rate at which tax is deducted from their pay, from 10% - 100%. This may be particularly useful for contractors who want to even out their cash

2017-05-19T09:39:53+00:00 May 10th, 2017|Taxing Matters|