For the past decade, cloud IT was suggested by many as the solution to everything. Now ‘hybrid IT’ is emerging as the most pragmatic and cost-effective approach for all but the smallest businesses.
If you are thinking of purchasing equipment for your medium business, now is the perfect time. The instant asset write-off threshold has been extended and increased.
All New Zealand employers should have received a letter from Inland Revenue reminding them that payday filing is coming and a ‘how to’ video on getting started with your shift to payday filing.
While many talented young staff may prefer advisory over compliance, too much time is spent promoting apps to small business clients, when medium and large businesses account for two thirds of revenue.
All New Zealand employers should expect to receive a letter from Inland Revenue confirming the 1 April 2019 payday filing start date and telling businesses “It’s time to shift to payday filing”.
Alarmingly only 5% of advisors have raised Single Touch Payroll with their clients. Medium businesses in particular rely on their accountant or business advisor to keep them on top of compliance requirements.
If you haven’t already, mark 1 April 2018 in your diary. This is the date stipulated by the Australian Taxation Office to count the employees on your payroll. Find out who you need to include in your headcount.
Despite the looming Single Touch Payroll deadline, only 25% of accountants’ clients are ready. Hear thoughts and insights in this recorded interview with experts from the ATO and Chartered Accountants.