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PKF New Zealand

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News Articles - 12 09 2019

Moving on from cheques - An update from the IRD

Cheque usage continues to decline every year. Last year cheques only accounted for 5% of payments to Inland Revenue and some people who used cheques also used other payment methods. From 1 March 2020, Inland Revenue will no longer be accepting cheques if customers have an alternative payment option available. This includes post-dated cheques (cheques dated after 1 March 2020)

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News Articles - 26 08 2019

2019 Xero Awards

We didn’t end up winning the “Xero National Partner of Year Award” in Wellington last week, but are proud to have made the finals. The process made us very aware that PKF NZ and our member firms, nationally and internationally, are doing some awesome stuff and Xero is very much central to these efforts!

News Articles - 08 08 2019

Congratulations PKFNZ!

PKFNZ are pleased to announce we are finalists in the 2019 Xero awards under the category National Partner of the Year. Prizes will be awarded in Wellington on the 22nd August.

News Articles - 06 08 2019

Ring-fencing residential rental property losses – legislation at last!

After what seems like an eternity of legislative drafting and rumours, legislation removing the ability for residential property investors to offset residential property losses against other income (for example salary/wages), was enacted on 26 June 2019. The changes apply retrospectively from the start of the 2019/20 income year, which is 1 April 2019 for most taxpayers. With Capital Gains Tax off the table, it would seem these rules are here to stay for the foreseeable future.

News Articles - 05 08 2019

What to consider when buying an investment property

Keen to get into the property market as an investor? Before you start looking, you need to understand that what you’re looking for in a house to occupy may be different to an investment property.

News Articles - 29 07 2019

Tax saving strategies for agricultural businesses

Accountants are always looking for ways to add value for our rural clients. That doesn’t often come in the form of operational advice, the purview of farm consultants. But tax saving advice is a topic we know inside out and one that is sure to grab farmers’ undivided attention. Most farming business have bank debt and therefore any chance to defer or save tax increases farmers’ abilities to pay down debt, save interest or alternatively, reinvest tax savings in the business, creating future gains.

News Articles - 08 07 2019

Obtaining the best from Microsoft 365

Switching to Microsoft 365 is one of the fastest and most beneficial ways you can take your firm into the cloud. With the familiarity of Microsoft Office, ‘going 365’ takes staff into a new way of working with minimal disruption.

News Articles - 24 06 2019

Does Money Grow on Trees?

The growth of the horticulture industry nationally and internationally is blooming. Driven by healthy eating, superfoods and changing dietary preferences is resulting in land use change, which in the current economic environment is supported by financial returns.

News Articles - 18 06 2019

Better Management Practices

Clear expectations for employees are key for staff to reach their potential for your business. Employees need to know exactly what’s expected of them and inspiring high performance starts with establishing clear expectations and goals. Understanding and, where possible, agreeing to expectations should be part of an employee’s induction. These expectations can also be recorded in a performance agreement.

News Articles - 30 05 2019

Budget 2019: The “Wellbeing Budget”

Budget 2019: - The “Wellbeing Budget” This Budget represents a significant change from how Budgets have previously been designed, developed and presented. Our PKF Dunedin Director Jono Bredin has just released his PKF 2019 budget summary from the Beehive in Wellington and unveils who gets what …. See more

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