The Inland Revenue has advised that its 2013 review of the mileage rate has been delayed and the rate for the 2013 income year is not expected to be released until early July 2013.

It’s that time again where businesses need to start getting their records ready for their accountant to prepare their annual accounts and tax returns. Investing time to gather all the information needed to ensure your records are clear, complete and concise can reduce the amount of time your accountant needs to spend preparing your annual accounts - which should result in a smaller accounting fee!

Good old Kiwi ingenuity has seen many businesses “tack on” and “patch up” their accounting software systems to enable them to keep operating without having to go through the expense of an upgrade. But at what expense?

“So how is it going out there?” As a trusted business advisor and accountant this one of the most common questions I get asked from clients on a weekly basis. In the current economic landscape clients look to their accountant for insight.

For an entrepreneurial and experienced small business owner, the reactive survival strategies of the past were the foundations for good business practice today. Scott Travis shares his encounter.

When out-of-towner James Kendall took over ITM Matakana, he managed to keep the locals on side while also growing sales – all with the help of accountancy firm Hayes Knight.

Whilst the mileage rates are subject to regular reviews in order to reflect the actual cost of running a vehicle, in reality they have not changed considerably over many years. Until now...

With the 2012 Annual Returns due it is quite timely that the Companies Office has chosen to introduce changes to their service fees.

There are many small but legal ways of ensuring the tax system is working for your business and not against it. Effective strategies for managing and minimising tax are important so here are our top 5.

Our Score for the 2012 Budget: 8/10. No surprises, (as all the good stuff was leaked prior to the budget) and it delivers a combination of growth initiatives and austerity. What were some of the highlights and what, in our opinion, was missing?