Accounting Services
The annual financial statements I prepare comply with current NZ best practice and statutory requirements.
Some business owners regard the preparation of annual accounts as a cost, a necessary evil that adds no value to the business. But in fact, there are many positives.
The availability of your annual financials is a wonderful opportunity to review your business performance. You can discover how to improve your business as well as refresh your enthusiasm and drive in the business as well use your annual financials as a springboard to help you grow your business and reach your goals.
It can also be a launch pad for improvement. Besides helping you meet the statutory requirements, I can also take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying of potential problem areas and recommending opportunities to boost profitability.
However, the most valuable financial accounts you can get your hands on are interim accounts, as there is a strong correlation between the availability of interim accounts and business survival:
Frequency | Survival Rate | |
At least monthly | 80% | |
Quarterly | 72% | |
Half-yearly | 50% | |
Annually | 36% |
We can assist you in the preparation of regular interim accounts or prepare these for you.
Tax Services
Most business owners are too busy on their day-to-day business operations or just don't have the skills or resources to prepare these themselves, let alone interpret the results. I can provide you with customised and constructive interim or management reporting and advice as regularly as suits you, from six-monthly interim figures down to daily profitability analysis.
I also offer a full range of taxation services and our 36 years of experience of working with tax means I can offer advice based on proven knowledge and experience. My proactive approach ensures we deliver a consistent service and build solid relationships which stand the test of time.
Tax can be a major cost to your business. I will work in partnership with you to minimise your tax, yet keep you out of trouble with the IRD.
I provide a complete service and advice in all of the following areas:
- Preparation of all kinds of Income Tax Returns
- GST issues and GST Returns
- Other IRD returns e.g. RWT, FBT or RWT on Dividends
- Advice on and implementation of tax effective trust structures for asset protection and tax minimisation
- Assistance or management of any IRD Audits or disputes.
HATE PAYING TAX?
If you’d like to keep more of what you’ve worked hard for, read our two free guides on how you can reduce your taxes.
As much as I liked Nick, I was sick & tired of meeting Nick in our bank manager's office to explain, yet again, why we were at the top of our overdraft limit following yet more excessive spending by my partner, the majority shareholder in our company. I said, "Nick, I can't take this anymore, what I shall do?"
Well, Nick must have been sick of the meetings too, because he replied "leave it to me". Within a month he had got a deal together and then, after making sure my partner obtained independent advice, helped me negotiate to buy out my partner, despite me not having two pennies to rub together! I've never looked back since - no more trips to the bank & with Nick's help, the business has gone from strength to strength!
Richard Green - A1 Recovery Services Ltd