Our Work
We work for New Zealand small businesses to develop and improve their taxation and accounting processes. We work with the business owners, and our clients can develop their financial management skills, knowledge and abilities to develop their business and private lives from the financial aspects.
Some explanation of our works
New Zealand businesses need to prepare financial report and file tax return filing such as Income tax return filing, GST return filing, payday filing and Fringe benefit tax (FBT) filing. Our major works are these tax return filing and we work based on the information of incomes, expenses and others provided from our clients. We will be responsible for our compilation works. Some taxation and accounting rules are developping every year, and we work for our clients based on the latest rules.
Payday filing
We file payday filing for your payments to employees iincluding yourselves. We calculate net payment amounts to your employees, and your PAYE payment amount to the Inland Revenue. Payday filing is usually weekly, fortnightly or monthly.
GST return filing
When the business annual inicome is $60k or more, the business needs to register to New Zealand Goods and Services Tax (GST). the business charges GST to your customers, top-up 15% of your price, and return this GST portion to the Inland Revenue. If your business has purchases and expenses and pays GST in them, you can deduct your GST payment amount in those purchases and expenses from your GST return amount to the Inland Revenue.
Financial report preparation
We prepare the financial report of your business. It usually includes Profit-loss statment, Balance sheet, Depreciation schedules and other relevant statements for your business. The financial report shows the financial situations of your business annually, and is the base for Income tax return filing of your business and personal.
Income tax return filing
When you have business income and you receive income from your business, you need to file the Income tax return filing for your business and your personal annually. Your business income and your personal income from your business are calculated based on the financial report of your business.
Contact us
Please feel free to contact us for any inquiry.