by James | Oct 3, 2014 | Dairy, Tax Stuff
Dairy Farmer saves tax using Income Equalisation The average Dairy Farmer should be able to save $20,000 in tax over two years by utilising the Income Equalisation Deposit Scheme as a result of the Fonterra Farmgate Milk Price falling from $8.40 for the 2013/14 Season...
by James | Sep 24, 2014 | Commercial and Non Rural Business
Alternative Finance for businesses short of cash When a business is short of cash your typical trading bank isn’t always the best source of finance. Last week The Accounting Collective team met with Helen Schafer and Gerard Prendergast who own the local Fifo...
by James | Sep 22, 2014 | Kiwifruit
Is kiwifruit overhead shelter worth the cost? A question I am often asked by my clients’ is “should I spend money on erecting a kiwifruit overhead shelter?” The benefits of kiwifruit overhead shelter are well known. Kiwifruit protective canopies protect against hail...
by James | Sep 19, 2014 | Kiwifruit
Is a $200,000 premium for a G3 Kiwifruit Orchard really worth it? Is a mature G3 Kiwifruit Orchard really worth a premium of $200,000 per hectare over and above what you would pay for a Hayward Green Kiwifruit Orchard? Let’s do the maths. For the sake of comparisons...
by James | Sep 18, 2014 | Tax Stuff
New tax payment rules expose taxpayers to late payment penalties From the 1st of October 2014 the Westpac Bank no longer accept IRD Forms (GST Returns, Employer Monthly Summaries, Tax Payment Slips) or cheques for tax payments. This is part of a push by the Inland...