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Right First Time: Entertainment Expenses

Taking the guesswork out of common SME topics so you can get it “right first time”. In this article we look at the rules regarding entertainment expenses.  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

2020-12-18T15:14:10+12:00May 10th, 2017|Tax|

Charity Audits: If You Think Compliance Is Expensive, Try Non-compliance

All registered charities are now required to adhere to the new financial reporting and assurance standards as legalised by the Ministry of Business, Innovation and Employment (MBIE). The new accounting standards applying to charities and not-for-profit entities have been passed by Parliament and include the minimum assurance requirements for all charities. All registered charities will

2020-12-18T15:06:17+12:00May 10th, 2017|Not for Profits and Charities|

Tim Livingstone Retires as Director

This month Tim Livingstone retires as Director at UHY Haines Norton. Tim joined the practice in 1983, when it consisted of three Partners and six staff based in one Henderson office. He has been a Director for over 30 years, including 10 years as Managing Director, and was instrumental in growing the firm into

2021-01-27T13:49:40+12:00March 16th, 2017|The UHY Team|

New UHY Partner Bhavin Sanghavi

UHY Haines Norton is delighted to announce the appointment of Audit Manager, Bhavin Sanghavi, as a Partner. Bhavin joined the firm’s Audit department 11 years ago, which at the time consisted of just three staff members. His natural leadership skills, professionalism and initiative resulted in a number of internal promotions, from Senior Auditor to Supervisor,

2021-05-24T12:36:07+12:00November 24th, 2016|The UHY Team|

Safeguarding the Future of Your Business With A Succession Plan

Tim Livingstone explains why every business should have a succession plan in place and what business owners should consider when developing one. Although studies show that businesses with succession plans experience higher growth and have a higher survival rate than those without, over half of New Zealand SMEs don’t have any succession plan in place.

2020-10-19T13:23:27+12:00November 1st, 2016|Succession and Exit|

Claiming Home Office, Clothing and Travel Expenses

Continuing on from our article “Business Expenses: What Can You Claim?” in our April/May newsletter, we provide further advice on different claimable business expenses that can be claimed against your income. Claimable Expenses: Home Office If the home is used for work purposes then a proportion of expenses relating to the property are deductible.  To

2021-01-27T13:01:54+12:00July 6th, 2016|Accounting|

Honouring Tim Livingstone

In the 2016 New Years' Honours, UHY Haines Norton Director Tim Livingstone was awarded the New Zealand Order of Merit for services to business and the community. Tim has been a Partner at UHY for over 30 years, including 10 years as Managing Partner of the practice. Tim is President of the West Auckland Business Club,

2020-07-09T16:23:36+12:00February 11th, 2016|The UHY Team|

Exit Strategies: Critical For Every Business

While small- to medium-sized businesses make up a large and thriving part of New Zealand’s economy, statistics indicate that the majority of SMEs are missing a vital part of business strategy: an exit plan.  Research such as that conducted by the MYOB Business Monitor finds that less than 40% of small- to medium-sized businesses have

2020-05-28T10:01:44+12:00August 27th, 2015|Succession and Exit|

How Much Is My Business Worth?

UHY Director Tim Livingstone addresses a frequently-asked question concerning business valuations: what is my business worth? A question we regularly receive from both clients and non-clients is on the value of their business. The value of a business gets down to what the business has to sell. Most SME (small-to medium-sized) businesses will be selling

2021-02-03T13:31:29+12:00September 4th, 2014|Business Valuations|

Business After 5 Went Wild at UHY Haines Norton

On Thursday 21st August, UHY Haines Norton hosted the West Auckland Business Club’s Business After 5 event.  We always love this opportunity to open our doors and catch up with clients, associates and members of the West Auckland business community. We usually try to do something a little different and provide the audience with some

2019-11-14T12:52:37+12:00September 4th, 2014|Events|

A Farewell (of Sorts) to John Ballard

This month marks the official retirement of UHY Haines Norton Director John Ballard, who is stepping down from the demanding Director role in favour of much-deserved long weekends on Waiheke.  Although John will still be a familiar face here in the office as he assists in a part-time consulting role, his retirement from the Director

2019-11-07T12:21:41+12:00May 12th, 2014|The UHY Team|

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