Tutbury Associates LtdTutbury Associates Ltd

By Kelly Tutbury

The reviews are in and New Zealand’s leading accounting experts Tutbury & Associates Limited are favourite for business and personal accounting.

The reviews are in and New Zealand’s leading accounting experts Tutbury & Associates Limited are favourite for business and personal accounting.

A great balance of youthful and enthusiastic attitudes combined with years of accounting experience and a strong focus on customer service are just a few of the many reasons why people keep coming back to New Zealand’s leading accounting experts Tutbury & Associates Limited.

No matter how big or small your business is, the team at Tauranga-based Tutbury & Associates Limited believe in going the extra mile for the customers.  Have a read of some genuine reviews from some of their many happy customers.

“I have been bringing my accounts to Tutbury & Associates for years now and I’m always impressed with how helpful they are in making sure I’m paying the right amount of tax, even though I have a very small business they always make me feel that my work is important” says Tutbury & Associates Limited client Steve Bennett, Piano Tuner.

“Tutbury & Associates process the annual accounts for both my trust and my business, they are always on time and within my budget. It is always a pleasure to meet with them to discuss my business goals or just to pop in for a coffee. Real service with a smile,” says happy Tutbury & Associates Limited customer Glen Johnson at Gemzoo Limited

At Tauranga-based Tutbury & Associates Limited they have worked hard to build up their reputation of exceptional customer service by working with their clients to make sure that their clients are getting value for money.

“I run my own business, contract my services as well as running a small farm. This doesn’t leave me much spare time and what time is free prefer to spend with family or play sport. This is where I find Tutbury & Associates Limited invaluable to free up my time. I have always found their staff to be helpful, cheerful and always prepared to answer any questions I may have. I have dealt with some larger accountancy firms locally on behalf of my parents. My preference is definitely for Tutbury & Associates Limited,” says another Tutbury & Associates Limited client, Kevin Chee

With many years of financial experience under their belt all of the team at Tutbury & Associates Limited have an abundance of knowledge and skill in all stages of business and personal financial growth.

About Tutbury & Associates Limited:
Though they are centrally located in Tauranga, Tutbury & Associates Limited are cloud-based. Ideal for trades people, or anyone who wants to grow their business, Tutbury & Associates Limited offers expert services in compilation, financial planning, taxation, business accounting, family trusts and Xero bundles for their clients across New Zealand.

 

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

Get your Airbnb taxes sorted New Zealand-wide with accounting specialists Tutbury & Associates Limited.

Get your Airbnb taxes sorted New Zealand-wide with accounting specialists Tutbury & Associates Limited.

Being an Airbnb host is a great way to earn supplementary income by renting out spare space in your home or it could even be fully-fledged income generating business by renting out your entire property.

Either way you will have tax obligations to meet says New Zealand-wide accounting and financial experts at Tutbury & Associates Limited.

“At Tutbury & Associates Limited we understand all the Income Tax and GST consequences that comes from running an Airbnb,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

Income earned from providing short-term accommodation (including through websites such as Airbnb or Bookabach) is taxable in New Zealand. This includes any payment for one-off or irregular rentals.  “You have to declare the rental income you earn when you complete your annual tax return (IR3), and you need to keep good records,” adds Kelly.

You must include the amount you receive in your tax return. “You can claim deductions for expenses that is connected to you earning this income. If you are unsure whether this applies to you, we can offer you professional advice,” adds Kelly.

Inland Revenue is suggesting that people who rent out their house, holiday home or a room in their home for up to 100 days a year should be able claim a fixed amount of $50 a night for their expenses against their tax bill, regardless of their actual costs. “However, that amount will decrease to $45 a night if you are renting the accommodation they let out,” advises Kelly.

There are also different tax rules if you have a mixed-use holiday home. A mixed-use holiday home is where you use the holiday home yourself, rent it out and it’s unoccupied for 62 days or more. “If you have a mixed-use holiday home and you earn less than $4,000 a year from renting it out you don’t need to include this income in your annual tax return,” adds Kelly.  Additionally, if you select not to declare this rental income you won’t be able to claim expenses for it.

Providing short-term accommodation such as an Airbnb can be taxable supply for GST purposes.  However, GST registration is only mandatory when the gross rental income exceeds $60,000+.

Need a little help? Contact the friendly team at Tutbury & Associates Limited with any queries you have or to discuss your specific situation in more detail to ensure that you are meeting your tax obligations.

You can check out Tutbury & Associates Limited video here: https://youtu.be/uhuAB2p-KsU

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

 

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

Five ways to improve your business cash flow with New Zealand-wide accounting specialists Tutbury & Associates Limited.

Five ways to improve your business cash flow with New Zealand-wide accounting specialists Tutbury & Associates Limited.

Is your business missing out on cash? Improve your cash conversion cycle and maximise your cashflow with cash flow management from the innovative New Zealand-wide accounting and financial experts at Tutbury & Associates Limited

According from a recent study from Debtor Daddy found that New Zealand SMEs are missing out on roughly $18,000 per day, due to the fact that small businesses are terrible at chasing customers for money. Here are five ways to improve your business cash flow with Tutbury & Associates Limited.

  1. “As a business, having accurate and good cash flow management is essential for your bottom line,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited. The study also revealed that 80% of SME’s are under “moderate to very severe” cashflow burden owing to the mismanagement of their debtors.
  2. The business financial experts at Tutbury & Associates Limited can work with you to develop a cashflow forecast. A cash flow forecast is a clever way to accurately estimate what your business’s income and outgoings for any given period in the future.
  3. “After we work with you to create a Cash flow Forecast, we’ll conduct a thorough and complete review of your current business processes and will detect any potential causes of deprived cashflow so that we can fix any fundamental problems,” adds Kelly.
  4. Ideal for business owners, Tutbury & Associates Limited can have a meeting with you on a quarterly basis to regulate, analyse and update all your key cashflow drivers. “We are here to be your accountability coach,” adds Kelly.
  5. As your accountability coach, the expert team at Tutbury & Associates Limited will help you develop annual goals and create a 90 Day Action Plan that you can stick to that will ensure best results for your business.

If you need assistance managing your businesses cash flow contact the accounting experts Tutbury & Associates Limited in Tauranga today.

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

 

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

New Zealand-wide accounting specialists Tutbury & Associates Limited prepares for tax changes

New Zealand-wide accounting specialists Tutbury & Associates Limited prepares for tax changes.

New Zealand’s leading accounting specialists Tutbury & Associates will be temporarily closing its doors to the public while they prepare for the IRD’s Business Transformation project.

Tutbury & Associates will be closed between April 18 and April 26th, “With Easter and Anzac Day occur during this period there is only two full business days within these select dates.” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited

Inland Revenue offices and call centres are also set to close for a week next month as they implement a key stage of their $1.6 billion Business Transformation project. The myIR online services call centres will close between 3.00pm on April 18 and 8.00am on April 2.

The biggest benefits of the new tax-system changes is that from next month Inland Revenue will begin automatically issuing 1.7 million annual tax refunds and about 115,000 tax bills without taxpayers having to first fill out any forms.

“This simplification of the tax system should mean taxpayers are more likely to be taxed more accurately through the year with much smaller end-of-year adjustments,” adds Kelly.

If you are worried about these tax changes and what it could mean for you and your business contact the friendly and professional team at Tutbury & Associates, “Taxation is one of our many specialities,” advises Kelly. “Our expert team can help your business with all taxation needs and liaise directly with the Inland Revenue on your behalf.

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: https://www.mediapa.co.n

Facebook: https://www.facebook.com/MediaPA

Twitter: https://twitter.com/NZ_MediaPA

YouTube: https://www.youtube.com/user/TheMediaPA

Pinterest: https://www.pinterest.com/NZMediaPA

By Kelly Tutbury

Now is a great time to check if the accounting income method (AIM) is the right option for your business says New Zealand’s leading accounting experts Tutbury & Associates Limited.

Now is a great time to check if the accounting income method (AIM) is the right option for your business says New Zealand’s leading accounting experts Tutbury & Associates Limited.

Described as a cash flow game changer, with AIM if you don’t make a profit then you won’t have to pay provisional tax, says New Zealand’s first choice accounting experts Tutbury & Associates Limited.

If you’re a small business with an annual turnover of less than $5 million then with AIM you can pay your company tax on a “pay as you go” basis. This means you can pay either every month or every two months. “This is a great alternate option to having to estimate up to a year in advance about how much tax you should pay through provisional tax,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

AIM will be integrated through some accounting software services such as MYOB, Reckon or Xero which means it can seamlessly calculate the amount that needs to be paid. Businesses can then file their tax straight from the accounting software.

As AIM automatically calculates tax on what is earned, “it’s fantastic for businesses that are new, experiencing growth, have changing profits, have irregular income or find it difficult to correctly forecast their income,” adds Kelly.

“AIM will also help you avoid cash flow problems because if businesses pay tax in full and on time, they won’t be charged use of money interest,” advises Kelly.  If businesses make a loss or overpays, they will be able to get a refund straight away.

Another benefit of AIM being able to seamlessly calculate tax, means the hard work is already done so you can spend more time on things that matter, such as your business, rather than working out tax.

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

 

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Google+: https://plus.google.com/u/0/114723736893906149541

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

Being a socially conscious business is good for your bottom line says New Zealand’s leading accounting experts Tutbury & Associates Limited.

Being a socially conscious business is good for your bottom line says New Zealand’s leading accounting experts Tutbury & Associates Limited.

Running your own business offers you a great opportunity to give back to the local community by being a socially conscience business.  “Not only can this benefit your local community, it can make sense for your bottom line,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

If you are open about being a socially conscious business, potential customers often choose to spend their money with businesses that share their values. “Being a socially conscience business will also help with making employees feel good about going to work, which will  lead to more enjoyable and more productive workplace. It can also help you hold onto good employees for longer too,” comments Kelly.

One way that businesses can give back to the community is to use a portion of their profits for good causes. But there are other ways to become a socially conscience business, these include:

  • Pay their workers a living wage, e.g. cleaners or warehouse staff.
  • Use sustainable energy, e.g. to power their premises or vehicles.
  • Use sustainable or recycled materials to make their products.

To highlight the vital role socially conscious businesses play, the Government has set up the Impact Initiative. This initiative allows businesses opportunity to engage with the Social Enterprise Sector Development Programme, a three-year programme commissioned to grow social enterprise in Aotearoa New Zealand.

If you want to take first steps to become a socially conscience business ask yourself “does your company make a positive difference to your community or the planet? If not, can you team up with other organisations who do?,” advises Kelly.

Tutbury & Associates Limited are no strangers to this idea, recently they support of children’s charity KidsCan through Social Giving. KidsCan gives Kiwi kids in need with food, clothing and health items at school, so when they get into the classroom, they are best possible position to learn

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Google+: https://plus.google.com/u/0/114723736893906149541

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

By Kelly Tutbury

Are you self-employed and need to make your own student loan repayments? New Zealand’s leading accounting experts Tutbury & Associates Limited will help you get sorted.

Are you self-employed and need to make your own student loan repayments? New Zealand’s leading accounting experts Tutbury & Associates Limited will help you get sorted.

Did you know that if you are self-employed or earn income from other sources that you need to make your own student loan repayments?

Not only that, but the amount of your repayments will also depend on your total and adjusted net income says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

Firstly you will need to declare your adjusted net income. At the end of your tax year you may need to file a tax return. This tax return will hinge on where your adjusted net income comes from. Losses should not be included when working out your adjusted net income.

The end-of-year repayment is 12% for every dollar you earn over the annual repayment threshold ($19,448).

If your end-of-year repayment obligation is $1,000 or more, you will need to make an interim payment obligation for the next tax year. “This interim payment will be added to the following year’s end of year repayment obligation,” advises Kelly.

You must estimate your total adjusted net income. This estimate is based on what you expect to earn, including all other income types and adjustments.

Once you’ve made your estimate you can’t change back to the standard option for the rest of the year. But, you can re-estimate as many times as you like up to your final interim payment date.

“It’s always best to sort out your payment as soon as you can. And if you need assistance, we can help! Our friendly team of experts will be happy to guide you through the process,” adds Kelly.

About Tutbury & Associates Limited.
Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Google+: https://plus.google.com/u/0/114723736893906149541

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

New Zealand-wide accounting specialists Tutbury & Associates Limited re-inforce their commitment to social giving by supporting children’s charity KidsCan.

In an act of Social Giving, New Zealand-wide accounting specialists Tutbury & Associates Limited have confirmed their continued support of children’s charity KidsCan.

KidsCan gives Kiwi kids in need with food, clothing and health items at school, so when they get into the classroom, they are best possible position to learn. KidsCan believe that education should be equal opportunity, so that all children, regardless of what their social economic background can have an equal chance.

“We are proud to support the amazing work that the good people at KidsCan do,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

According to KidsCan an estimated 290,000 live in hardship and over one in four children in New Zealand are living without the basics. KidsCan starts its work with children at primary school level and supports them for as long as they need it, right through high school in some cases, but they can only do this with the support of the public.  “KidsCan provide disadvantaged New Zealand children with the basics so that they can focus on their education which is really important for their future,” adds Kelly.

“Giving back to the community is a big part of the way things are run here at Tutbury & Associates Limited,” adds Kelly. The team at Tutbury & Associates Limited are proud to be able to give back to their community through social giving by supporting KidsCan and they urge other business to do the same

You can make donation and make a positive change to a child in need, by visiting the KidsCan website today: https://www.kidscan.org.nz

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Google+: https://plus.google.com/u/0/114723736893906149541

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

Using your home for business? Sort your business income tax with New Zealand’s leading accounting experts Tutbury & Associates Limited.

If you’re self-employed or run your own business from your home, you can claim the part of your house you use for business as an expense in your tax return.

Many small business owners utilise an area in the family home for work purposes. “If you are doing this, you are able to make a claim for the area so long as you keep a full record of all expenses you wish to claim,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

You can claim for any space you use primarily for your business. This could be a home office, your garage if you use it to store stock or your workshop.

If there is not separate area for the business, “you will need to take into explanation criteria such as the amount of time spent on income-earning activities and the area used at home,” adds Kelly. No deduction is permitted for any private or domestic expenditure.

You can claim a portion of the household expenses, such as the insurance, power and rates. You must keep invoices for these expenses. “You can also claim a percentage of the interest you pay on your mortgage.  you can’t claim repayments of the principal

You will also need to remove the GST content of each expense and claim it separately in your GST return, if you are registered for GST.

“At Tutbury & Associates Limited we can assist you in working out your taxable income by taking all your expenses off the total amount you earned. You pay tax based on this number. If your expenses are high, your income will be lower and you’ll pay less tax,” advises Kelly.

About Tutbury & Associates Limited.

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Google+: https://plus.google.com/u/0/114723736893906149541

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

Prepare your business for Inland Revenue’s new mandatory payday filing system with New Zealand-wide accounting specialists Tutbury & Associates Limited.

Inland Revenue has kickstarted 2019 with their latest announcement that payday filing will become mandatory across the country from April. This change is sure to be made much easier with the help of New Zealand-wide accounting specialists Tutbury & Associates Limited.

The new requirement is that employers must submit employment information every time they pay their staff. This includes the pay details of your employees with the normal pay cycle, employee details for new and departing employees, employees’ start and end date, contact details, and date of birth.

Filing must be done electronically if the annual PAYE and ESCT deductions are $50,000 or more and businesses will need to file this information within two working days after the payday.

In their recent article, Inland Revenue has stated that “the new payday filing system works best for employers with payroll software.”

“It’s great to see Inland Revenue becoming more efficient and thorough with the tax system,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited. “But I understand there will be hundreds of small businesses in New Zealand struggling to cope with the ‘electronic’ side of things to meet these requirements.”

Fortunately, this is where Tutbury & Associates Limited shines brighter than the sun because taxation is one of their core specialities. The expert team can help your business with all taxation needs and liaise directly with the Inland Revenue on your behalf!

“If numbers aren’t your thing, leave it all to us. From just $55 a month, we offer a range of essential services that will allow your business to run smoothly, including financial planning, business accounting, taxation, end of year reports, and more,” says Kelly.

The company is proud to be a Xero Gold Certified Partner and can offer a variety of Xero bundles that cater to your individual needs. This includes organising your payroll through Xero.

With years of experience and a wealth of knowledge in the field, handling the new payday filing system is just a piece of cake for Tutbury & Associates Limited.

 

About Tutbury & Associates Limited:

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

 

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: https://www.mediapa.co.n

Facebook: https://www.facebook.com/MediaPA

Twitter: https://twitter.com/NZ_MediaPA

YouTube: https://www.youtube.com/user/TheMediaPA

Pinterest: https://www.pinterest.com/NZMediaPA

 

1 2 3
The reviews are in and New Zealand’s leading accounting experts Tutbury & Associates Limited are favourite for business and personal accounting.
Get your Airbnb taxes sorted New Zealand-wide with accounting specialists Tutbury & Associates Limited.
Five ways to improve your business cash flow with New Zealand-wide accounting specialists Tutbury & Associates Limited.
New Zealand-wide accounting specialists Tutbury & Associates Limited prepares for tax changes
Now is a great time to check if the accounting income method (AIM) is the right option for your business says New Zealand’s leading accounting experts Tutbury & Associates Limited.
Being a socially conscious business is good for your bottom line says New Zealand’s leading accounting experts Tutbury & Associates Limited.
Are you self-employed and need to make your own student loan repayments? New Zealand’s leading accounting experts Tutbury & Associates Limited will help you get sorted.
New Zealand-wide accounting specialists Tutbury & Associates Limited re-inforce their commitment to social giving by supporting children’s charity KidsCan.
Using your home for business? Sort your business income tax with New Zealand’s leading accounting experts Tutbury & Associates Limited.
Prepare your business for Inland Revenue’s new mandatory payday filing system with New Zealand-wide accounting specialists Tutbury & Associates Limited.