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Tools of Trade

Tools of trade are tools, equipment, devices and machinery that would usually be used in the normal course of a person's profession, trade or occupation. Necessary tools of trade are exempt from the claims of creditors, up to a specific value, under the Insolvency Act 2006. Providing Tools of Trade In some industries it is common practice for employees to provide all or some of their own tools of trade, for example, building or plumbing tools, haircutting scissors.It should be agreed by the empl...

Business Health Check

Are you records for rental income and expenses together for us to do your tax? One way of doing that is to get your hands on a good Rental Questionnaire template. Contact us if you would like one. Some rental situations can be complex, so talk to us if you are unsure.If you're not on top of insulation requirements for any rental property, make a note to get it done. In fact, with the weather improving, the workload for insulation contractors may be dropping, and that may get you a better deal.Th...

Xero Payroll Training

Our payroll team can help you with all your payroll needs - including Xero Payroll. The great thing with Xero is that you can manage your own training in the comfort of your own home, especially if you are interested in learning some more about Xero Payroll and its processes. Check out the link to watch a series of helpful videos that will encourage and aid you in your Xero Payroll journey.  https://www.xero.com/nz/traini... Keep an eye out for our upcoming Xero Payroll Seminar, September 2...

Several ways Taxpayers can get caught out

Taxpayers who earn income from various sources may get caught short if they don’t plan ahead. This could come about in various ways: AirbnbOverseas investmentShares in an overseas company Airbnb income If you rent rooms or homes through Airbnb, you may not realise that the IRD considers you to be a landlord. Your rental income must be included in a tax return. If you’re unsure of your tax obligations please consider seeking professional advice. Overseas rental property You must declare any r...

Sincere condolences to the Wrigley Family

The Directors and the Accounted4 Team would like to express our sincere condolences to the Wrigley Family at the sad loss of Graham who passed away on the 13th July 2017. Grant Calvert had the pleasure of working with Graham Wrigley and shares this memory: ...

2017 Accounted4 Seminars

We recently have held some fantastic seminars and we thank all those who attended for coming along. We trust you left feeling inspired. Our recent seminars were; ‘5 Keys to business success’ in association with ASB and Laurie Sharp as the speaker, and ‘Twenty Good Summers’ presented by Martin Hawes in association with Forsyth Barr. Keep an eye out for more information on these upcoming seminars: •September 28thXero Payroll •October 17thTax Traders – Tax Pooling and Deposits •Nove...

In the Office - Our Team

We welcome Craig who joined us recently from Te Awamutu and is a fulltime Accounting Analyst / Client Manager. Craig is in David Faville’s team and is mentored by Geoff Hurst....

In the Community

We enter a team in the Tuesday night Quiz's held at Good Union – our team ‘Kick Assets’ have been testing their knowledge! They have come away with a win and a couple of third places – Well done!!...

Featured Client

Turner Road Architecture is an award-winning architectural practice based in Cambridge. They’re an established team who match long-standing practical experience with a passion for stunning, unique architecture. Their dedication to making sure their clients’ design aspirations are met, is something they take very seriously. Turner Road Architecture have earned a reputation for creativity and exceptional attention to detail in all areas of architecture - from residential new homes and renovati...

Featured Partner

At Accounted4 we work very closely with Cambridge based website software company Rocketspark.We've recently done a redesign of our website so check out the new look here: www.accounted4.co.nz We find Rocketspark great as the system they have built makes editing the website super easy and means that the Accounted4 team can keep the website up to date really simply. If you are needing a new website for your business, we would highly recommend Rocketspark and you can even build the w...

Sorted Money Week

Sorted Money week is a nationwide week of events that motivate New Zealanders to look at their financial situation and get their money into the best shape possible. Money Week is led by the Commission for Financial Capability and powered by Sorted.org.nz Sorted Money Week is asking the big questions this year: “What does debt do for you” •“It gets me by.” •“It stresses me out.” •“It gives me possibilities.” Check out the website to access calculators, budgeting tools and...

Payroll Team Update

Contractor versus employee Employees and contractors have different rights and responsibilities, and it is really important as anemployer that you know the difference.Definition of an employee: An employee is employed to do work for hire or reward under a ‘Contract of Service’ (employment agreement), paid a wage or salary, and has minimum employment rights under various employment laws. Employers are required to keep records such as their employmentagreement, wage, time, holidays and leave r...

Accounts Team Update

By Lea de Rooy - Senior Accounting ManagerAn Accountant at their best:•Shares Expertise Advice•Gives Great Service•Achieves the Best Financial OutcomesTip 1: Keep Good Records Accountants are information hungry but there is a reason for everything they have asked for. Lack of information can cause delays and time escalations. Keep your records in Date order. Separate out bank statements, loan statements, HP agreements, property transactions and anything outside of your normal operatio...

In the Industry

Scams and scammers become more sophisticated every day. No surprises there. They rely on keeping a jump ahead of people. As businesses step up their investment in new technology and media platforms, scammers find new ways to worm their way in. Social EngineeringManyscams fall under the umbrella term ‘social engineering’. These techniques aim to gain people’s trust and con them into letting their guard down to leave themselves (or potentially your business) open to fraud. You might have the...

Client Seminar - Twenty Good Summers

When you are busy with work, family and life in general, slowing down can seem hard to imagine. Join Martin Hawes, Authorised Financial Advisor and Chair of the Summer Investment committee, at our KiwiSaver Seminar. When: Wednesday August 2nd5pm - 6.30pm Where: Avantidrome15 Hanlin Road, Cambridge Take time out to get your KiwiSaver and twenty good summers sorted by joining Martin at our complimentary seminar. Martin will show you how easy it can be.  Easy to make a plan, so ...

Client Event - The 5 Keys to Business Success

Accounted4 in association with ASB presents a seminar on The 5 Keys to Business Success, Presented by: Laurie Sharp and Nicki McClintock, ASB. Laurie and Nicki are both in Coaching and Business Development Roles. They are inspirational speakers....you don't want to miss this! When: Thursday 20th July, 2.30pm - 4.30pm (refreshments will be provided) Where: Cambridge Resthaven Village Centre, 4 Vogel Street, Cambridge (Look for the Views on Vogel sign with a driveway leading to the centre, ...

Quake Recovery

The theme of resilience was strong throughout the budget but came into sharp focus when considering our ability to cope with natural disasters. Funding for the Christchurch rebuild continues, as does rebuilding and repairing infrastructure in the wake of the Kaikoura quake. Shoring up the National Disaster Fund is a priority so from 1 November this year the Earthquake Commission (EQC) premium rate will increase from 15 cents per $100 in cover to 20 cents per $100 in cover. This increases home...

Public Services and Social Investment

A large slice of the budget is allocated to support our growing economy and population. $4b in new capital funding is committed across the Education, Health, Defence, Justice, Housing, Primary Sector and Transport portfolios. This includes $2.39b for Crown Health facilities and district health boards. The investment translates to new schools, additional hospital facilities, housing and water storage as well as greater prison capacity, more police officers, court and corrections services. The Soc...

Business Time

The Government's Business Growth Agenda invests $1b over the next four years. Our economy and population have already been growing strongly. Over the next four years, this growth might be slowed down by the inflation that tends to follow economic growth as well as factors beyond our shores if growth rates slow in the trade regions that are so important to us. The Agenda supports continued growth by investing in innovation, developing our skilled workforce and paving the way – literally – ...

Family Tax Credit

Balanced against the changes to the tax thresholds are changes to the Family Tax Credit. The abatement threshold will decrease from $36,350 a year to $35,000 and the abatement rate will increase from 22.5 cents to 25 cents in the dollar. So if you receive the Family Tax Credit, the amount of Family Tax Credit you receive will start to decrease sooner and by more as your earnings increase. The Family Tax Credit itself will increase for the first child under 16 by $9 a week, and for the other c...

Accelerate Budget Alert 2017

Did we expect an easier ride from an election year budget? Yup. And we got it. The 2017 Budget's bottom line is to boost spending, ease taxes and give some extra legroom to our growing population and economy. The Budget combines tax breaks for working families with support for innovation and investment in business. The surplus predicted is largely earmarked for capital spend on infrastructure and there's an intention to keep cutting back our net debt. Business owners may see new opportuniti...

Into the Swing of Things....

Here at Accounted4 we are in the swing of the new financial year and continue to focus on sustainability and efficiency. You should have received an email advising you which month we will be requesting your annual records. Either your client manager or a client services assistant will be in touch closer to the time, with the updated electronic version of the questionnaires, which you will be familiar with from last year. We continue to fulfil the requirements of being a registered Chartered...

Waikato Business News Feature - Remarkable Women

In the March/April issue of the Waikato Business News a feature ran on remarkable women in business. We are very fortunate here at Accounted4 to have five remarkable women on our Leadership Team. From left to right; Anne Bland (Support Services/Payroll Manager), Christine Stevenson (Business Manager), Kim Antonio (CA, Associate), Lea de Rooy (CA, Senior Accounting Manager), Katie Jones (ACA, Senior Accounting Manager). The article celebrated each others successes as well as the firms. The articl...

Featured Client

Since September of 1976 Achievement House has been offering employment opportunities to local people with a disability. We operate through partial funding by the Ministry of Social Development under a Business Enterprise contract and then we need to raise the shortfall through other means. Some of this we make up through making applications to philanthropic trusts, which we can do because of our Charity status. However most of our added income is derived from the sheer hard work of our staff in ...

Featured Partner

Image Apparel is a garment branding specialist offering embroidery, heat transfer prints, digital printing and screen printing. The upgrading of software and investment in new printing technology means that customers looking to brand their business, team or school uniforms have a range of choices to best suit their needs. With access to all the main clothing suppliers in New Zealand, Image Apparel can also provide your team's clothing at direct prices. Image Apparel is the supplier of Cambrid...