Quick heads up!

Congratulations, hump day is all over and tomorrow is Friday eve, chaahooo! How’s business? Usual spiel – GST time again for the guts of you. Can you please have your Xero reconciled up to date by Friday the 3rd of August? We’re pretty keen to get cracking on your GST return. So, If you’re still dragging the chain come Monday, we’ll give you a hurry up.


Xero Expenses


Xero is continually rolling out improvements to its software and all-in-all they’re geared to create efficiency and “make business beautiful”. They’re also rolling out a price update which is coping a bit of flack.

There’s currently a few glossy releases going on with some really useful new tools. One of these being the new Xero Expenses module. Rather than have us undersell this, why don’t you watch this short video and you’re up to speed Xero Expenses

The key points:

– You’ll have a Xero email address you can send bills to, or take photos to submit them
– Xero will have a bit of jargon called an OCR meaning it can ‘read’ the bills and create draft bills in Xero automatically
– There’s no opt-in/out and it’s free until 28 September 2018
– After 28 September Xero plans are increasing by $5 per month, (there are a few finer details on this if there are a lot of users), your fixed fees/AP’s/DD’s will increase in line with this
– We’ll continue to pass on the 15% discount on Xero


Corporate Challenge 


The Corporate Challenge is a 5km run from Waitangi Park on the 14th of November and we’re laying down the challenge:

Beat us with your team and we’ll knock $1,000 off your accounting fees, or give you $1,000 of business advisory – the choice is yours.

Let us know if you’re going to toe the start line and we’ll tee up a few brews and snags afterwards. Bring on the banter!

As always, if you have any questions please pop in or give us a bell – it’s what we’re here for!

Remember if you have any questions about the why’s and how’s of reconciling your Xero for GST purposes, please feel free to contact us.

That’s all folks,
Your Outside team, and Ruby

Contact 

Wellington Accountants | 

Business Accountants | 

Construction Accountants 

Property Accountants 

Contractor Accountants 

Hospitality Accountants |

Property Developer Accountants | Accountants Wellington | Wellington Accountant | Restaurant Accountants | Cafe Accountants

AddressLevel 2, 182 Vivian Street,

Te Aro, Wellington 6011, New Zealand


Mail: PO Box 24-457, Wellington 6142

Phone04 889 2975

New Zealand Accounting, Bookkeeping & Property Business Consultancy Services | Wellington & Lower Hutt Xero Property Accountants Business coach business consultation business adviser

Business Accountants: Understanding Changes in Residential Property Taxation

Recent years have seen significant adjustments to the tax landscape, particularly concerning residential property. The government has responded to calls from various quarters to address investor demand in this sector. Notably, recent changes have been initiated to reverse tax policies affecting residential property, aligning with promises made by both National and ACT during their election campaigns.

Read More »
New Zealand Accounting, Bookkeeping & Property Business Consultancy Services | Wellington & Lower Hutt Xero Property Accountants Business coach business consultation business adviser

Business Accountants: GST on Housing: Avoid Surprise Tax Bills

As we approach May 2024, it’s crucial to address potential GST pitfalls when selling property. Over the past decade, there have been instances where property sellers, unaware of GST implications, faced unexpected tax bills, especially those converting residential properties into holiday rentals or using them for business.

Read More »

Aro Valley Accountant | Berhampore Accountant | Breaker Bay Accountant | Brooklyn Accountant | Churton Park Accountant | Crofton Downs Accountant | Glenside Accountant | Happy Valley Accountant | Hataitai Accountant | Houghton Bay Accountant | Island Bay Accountant | Kaiwharawhara Accountant | Karori Accountant | Kelburn Accountant | Kilbirnie Accountant | Makara Accountant | Miramar Accountant | Mornington Accountant | Mount Cook Accountant | Mount Victoria Accountant | Newlands Accountant | Newtown Accountant | Ngaio Accountant | Ngauranga Accountant | Northland Accountant | Oriental Bay Accountant | Owhiro Bay Accountant | Redwood Accountant | Rongotai Accountant | Seatoun Accountant | Shelly Bay Accountant | Tarikaka Settlement Accountant | Thorndon Accountant | Vogeltown Accountant | Wadestown Accountant | Wellington Central Accountant | Johnsonville Accountant