Ezebiz Staff Blog

It doesn’t matter what the size of your Business is, you will need to comply with the same laws as any other business in New Zealand. Government & Local bodies have requirements to be met for O.S.H. (Occupational Safety & Health), health & hygiene, resource consents etc….And its up to you to know what you have to comply with! You will have to account for Income Tax, GST, ACC and probably P.A.Y.E. and Fringe Benefit Tax too. As long as you keep accurate & neat records you’ll find that compliance is easy. The key is good paperwork. You will need: A Bank Account Separate...


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There are many factors to be considered when you are trying to select the accountant who is right for you. In other words how to find that good one. Better still, how to find that "great one". Make up a shortlist of at least 4 or 5 potential candidates. Compare what each has to offer. Come to a conclusion as to which offers the best service for the cost involved. You must find out about each accountant. See if they are interested in your type of business. Are they keen on the size of your business and the work involved? Do they only work for the "biggies" or can they help you in your small operation....


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It is common sense to try and save money by doing the job yourself if you are a business owner.  This "do it yourself" approach is fine as long as you know what you are doing. Sometimes, however, it's best to spend the money and bring in a professional because the expertise a specialist has to offer will more than likely save you "heaps" of money in the long run.  This is especially the case when it comes to taxation and legal matters. Most business owners will find that the trial and error approach can work out to be far more costly than the price of getting a good accountant or lawyer to do the job correctly...


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