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 and early frost risks, reduce wind damage,...
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 Capital franchise. Fifo Capital operates in a niche...
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 to a forecast of $5.30 for the 2014/15 Season. ...
If you use petrol powered vehicles or equipment on your farm or orchard make sure you claim back your petrol excise duty refund of $0.66 per litre. If you use just 20 claimable litres per week and are not already making the claim then you are doing yourself out of a...
If you are one of the many kiwifruit orchards in the Bay of Plenty affected by the November 2014 hail storms then you may only have until 31 January 2015 to take advantage of the tax savings obtained by using the Income Equalisation Scheme. Inland Revenue recently...
