Accounting

Hello and Happy New Financial Year!   We have linked below our new questionnaires and checklists to assist you in preparing your end of year accounting records for Year End 2023. Please download each form that applies to you and any entities you have. You will require...

Working for Families tax credits are paid to low and middle-income families to help them raise their family and stay in work. Around 58 percent of families with children in New Zealand get Working for Families each year. Working for Families is mostly paid by...

This 'Guide to your Financial Reports - Part 6 (Shareholder Current Account)' records all funds introduced to the business by shareholders, credited to shareholders as dividends or salary, or taken out of the business as drawings.  The Shareholder Current Account is also called a Shareholder Loan...

With Christmas approaching and most businesses taking the time to have a well-deserved break over this period, the topic of annual leave and the management of this is a very relevant one right now.  When it comes to managing and recording employee leave, it’s easy to...

You’ve likely heard the phrase ‘Good fences make good neighbours’. Well here at Borrie we believe that good employment contracts make for good employment relationships. So, What is the Point of Employment Contracts? Let's find out! It’s important to note that in New Zealand employment contracts...

Cyber Crime is on the Rise, and Business has become extremely reliant on technology; therefore, it is incredibly important to have robust solutions for data recovery that allow your business to continue as quickly as possible should an unexpected event happen. Do you know where your...

Here's what you need to know about Having a Spouse as a Company Director.  We see a lot of family business where both partners are Directors as well. It's important to understand that being a Director is quite different from being a Shareholder. The Shareholders...

With Christmas fast approaching,  its important to make sure your business is suitably covered over the Christmas period, and that you avoid paperwork mishaps and breaches of the Holidays Act 2003.  So here is 6 Things Employers Should Consider in Early December! Firstly, with the current...

Plans are key tool for running any business. In order to meet the goals in the plan, you need a management reporting system to help! A good reporting system is the foundation for successful strategy execution. So here's our 'Quick Six - Management Reporting System...

Sometimes it can feel like Crypto Cryptics when you read about Crypto currencies online and hear stores from people. Here's everything we currently know about crypto currencies and how they can affect your end of year financials. Around 800,000 Kiwi's own some form of ever-changing crypto...