Published 11th December 2019 by Chartered Accountants ANZ
The 2019 Chartered Accountants Australia and New Zealand Fellowships have been announced, recognising 220 members for their outstanding achievements and contribution to the accounting profession and their communities.
Stephen Walker FCA, President of CA ANZ said, "This year's list reflects a growing number of members demonstrating outstanding achievement and contribution not only to the profession, but to their wider communities as well.
"This year's Fellows again reflect the global spread of our membership." Stephen Walker FCA, President of CA ANZ.
Published 14th November 2019 by Keaton Pronk, McDonald Vague Limited
You wouldn’t pick a tradie on price alone so why would you pick an insolvency practitioner solely on this basis?
You expect your tradie to work to industry standards when working on your house or car so why wouldn’t you take the same care before you hand over control of a business to an insolvency practitioner, who will be dealing with your company, its assets, its creditors, and its stakeholders?
Published 16th September 2019 by RSM New Zealand Group
Make the most of the new RESEARCH & DEVELOPMENT Tax Incentive Program (R&D)
New Zealand’s recently introduced R&D Tax Incentive program offers some of the most generous
R&D funding benefits available across Asia Pacific.
This tax incentive program will play a major role over the next 10 years in lifting New Zealand business R&D spend to an ambitious 2% of GDP (up from 0.63%) by the year 2030. It will also assist in countering the phasing out of the existing Callaghan Innovation Growth Grants due to end on 31 March 2021.
Published 16th September 2019 by KnowHow.co.nz
A significant number of clients over the last two months have been reducing their staffing levels in response to a weakening and uncertain economy.
Reasons for Restructuring
● Increases in the minimum rate from $15.75 in 2017 to $17.70 at 1 April 2019
● Anticipating the minimum rate increases in 2020 and 2021 (indicative rates of $18.90 and $20 respectively)
● Relativity pressure on wages as a result of the minimum rate increases and living wage pressure
● Increased regulation resulting in business decisions to shrink overheads, maintain profitability and “wait it out”
● A move to automation
Published 17th June 2019 by Dairy Women's Network
Chelsea Smith from the King Country has won the opportunity to participate in The Edge, a unique leadership programme provided by The Outward Bound Trust with support from New Zealand’s largest network of Chartered Accounting firms, NZ CA.
Smith won the scholarship as part a new partnership between NZ CA and the Dairy Women’s Network, a not for profit organisation with a focus of supporting woman in dairying in New Zealand to be the best they can be both on and off farm.
Published 6th June 2019 by RSM New Zealand Group
Retirement has become a grey issue (excuse the pun) for business owners. No longer a straight line or finish line in the sand.
A growing proportion of the New Zealand population are living and working longer than ever before. Statistics New Zealand numbers suggest that over a quarter of New Zealand business owners are over 55, defying previous generations by illustrating a longer ability and willingness to stay in business.
Published 6th June 2019 by www.fullfocus.co.nz
Businesses that develop over time run the risk of not having all the things in place that make for a good business. This is especially so if it’s a family business. In the beginning it was you – self employed for the first time. Before you knew it there were others working alongside you. They may have been family members or friends, employees, subcontractors etc. This does not belittle where you’ve got to so far. Many businesses fail within the first 3 years of operation so you’ve done a good job to get to here.
Published 8th May 2019 by Dairy Women's Network
Dairy women throughout New Zealand are about to get another boost to their dairy operations with a new partnership between New Zealand’s largest networks of Chartered Accounting firms, NZ CA, and the Dairy Women's Network.
NZ CA is an association of 29 of New Zealand’s leading Independent Chartered Accounting firms that has a strong rural presence and good understanding of agribusiness while the Dairy Women's Network is a not for profit organisation with a focus of supporting woman in dairying in New Zealand to be the best they can be both on and off farm.
Published 11th March 2019 by Duncan Cotterill
On Wednesday (22 August 2018), the Overseas Investment Amendment Act 2018 (Amendment Act) became law. The new laws will come into force on or before 22 October 2018. The Amendment Act brings “residential land” within the existing Overseas Investment Act, such that any overseas person who wishes to buy or lease residential or lifestyle land (of any size) will, in almost all cases, need to apply to the Overseas Investment Office (OIO) consent.
A general overview of the new residential land provisions is contained in our separate update: New OIO laws bring changes for residential land, forestry and horticulture. This update contains more detail on how the changes will impact on the property development sector.