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Not-For-Profit Audits: Statements of Service Performance

Charity and not-for-profit audits and reviews are subject to unique, constantly evolving reporting requirements. Audit Director Bhavin Sanghavi explains one of the new reporting requirements for not-for-profit organisations, the Statement of Service Performance. UHY Haines Norton have a long history of working with clients in the not-for-profit sector, specialising in navigating the rules and regulations

2018-09-13T09:26:43+00:00September 13th, 2018|Audit|

Staff News: August/September 2018

Congratulations to Erin Gibson who has been promoted to Manager of our Helensville office. Erin has been a Senior Accountant in our Kumeu team for almost three years. Our busy audit department has welcomed back Sanjana Govind as a part-time auditor. Sanjana was a valuable member of the audit team several years ago before leaving to

2018-08-30T12:02:13+00:00August 30th, 2018|The UHY Team|

Taxing Matters: August/September 2018

A summary of the latest tax changes and news relating to individuals and businesses. Employers should be aware of the perils of not making the payment due on the Employer Monthly Schedule in time. If you file your EMS (IR348) but don't make the payment, you may incur a non-payment penalty in addition to late

2018-08-30T14:15:11+00:00August 30th, 2018|Tax|

Succession Planning For Farmers

Is your will your farm succession plan? Unfortunately for many privately-owned farming enterprises, the preparation of their wills is their only attempt to address family succession. According to recent research, only 50% of farming enterprises have started to discuss succession, let alone prepared an effective succession plan. We all know succession is a complex and

2018-08-30T11:09:00+00:00August 30th, 2018|Farm Accounting, Succession and Exit|

Payday Filing

Payday filing became optional for employers on 1st April 2018, and it will be compulsory from 1st April 2019. Payday filing means filing your employment information on/after each payday instead of filing an Employer Monthly Schedule (IR348) every month. Key Points The due dates for your PAYE payments and methods of payment do not change

2018-08-30T10:17:14+00:00August 30th, 2018|Accounting|

Making Your Business Worth More Without You

“My customers will be with me until the day I die.” “My business is my identity.” “My business is my superannuation.” Sound familiar? It’s called ‘key person reliance’ and can actually be detrimental to your business. A business that relies heavily on its owner is not as valuable as a business that is not reliant

2018-08-27T11:32:30+00:00August 27th, 2018|Business Valuations|

What’s The Difference Between ‘Accountants’ And ‘Chartered Accountants’?

You may notice that our practice is called “UHY Haines Norton Chartered Accountants”, not “UHY Haines Norton Accountants”. Here at UHY Haines Norton there are a total of 26 chartered accountants on our staff – that’s over 2/3 of our professional staff! But what does “Chartered Accountants” mean and what’s the difference between that and

2018-08-20T09:24:14+00:00August 20th, 2018|Accounting|

Client News: Supreme Sikh Society

UHY Haines Norton are proud to have the opportunity to work with a large number of not for profit clients. These organisations operating in the not for profit sector work extremely hard and accomplish some incredible achievements. Here we share with you the story of one of these clients, Supreme Sikh Society of New Zealand.

2018-08-21T10:11:28+00:00August 16th, 2018|Client News, Not for Profits and Charities|

UHY Asia-Pacific Conference 2018

UHY Haines Norton Audit and Assurance Director Sungesh Singh shares his experiences of attending the UHY International Asia-Pacific Conference held in Malaysia recently. The UHY Asia-Pacific Conference was held in Kuala Lumpur this year. The weather was warm and the food was absolutely fantastic! The theme for the conference this year was “driving revenue”. This

2018-08-09T11:35:09+00:00August 9th, 2018|UHY International|

The Beginner’s Guide To Profit And Loss Statements

Although you may think of your year-end financial statements as an annual exercise to keep the IRD happy, your statements are actually a valuable resource showing how your business is performing financially. They give you the opportunity to compare financial performance from the previous year and look at ways to improve future performance. Profit and

2018-08-07T09:16:06+00:00August 7th, 2018|Accounting|

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