2018 Checklist

Please click below to download your checklists:

Happy new tax year!
And you know what that means, don’t you?  Time to get your books sorted and into us.  Thanks to technology, the days of sending us paper are well and truly gone.  And what a relief that is because one of the worst jobs of my career was having the most enormous box of paper bank statements dumped on me.  It wasn’t the size that frightened me but the smell.  It absolutely reeked.  I spent the next week locked in my cubicle trying not to breathe in the toxic stench, while the other accountants treated me like I was contagious.

This was twenty-something years ago, in one of the big old prestigious firms and junior accountants were barely permitted to speak, let alone complain.  There were more than sixty accountants crammed into my section of the office and I swear every single one of them passed by my desk (keeping a safe distance, mind you) giving their unwanted opinion on the origins of the aroma.  To this day it remains a mystery but I suspect a pet (now potty-trained) is out there somewhere laughing at me still.

And on that note, we look forward to receiving your ‘smell-free’ records soon.
You’ll find a checklist, of everything you need to send, by clicking here.


Picture credit with thanks to Interior Design Magazine

IRD giving away holidays

Yes, it’s true. The IRD has started giving away free all inclusive holidays with your room, meals, beverages and even some sports activities included.  To be eligible, you’ll need to stop filing tax returns and start specialising in cash-jobs.  The most recent “winners” were in the building sector but that doesn’t mean they won’t open this up to your industry too.

Continue reading IRD giving away holidays

Is the new tax option right for you?

Is the new tax option right for you?  Probably not!  Yes, I’m serious.  This new pay-as-you-earn option of paying your provisional tax almost got it right, but not quite.  The concept is good but it’s really not a whole lot different to the ‘Ratio’ method which crashed and burned a few years ago!

Continue reading Is the new tax option right for you?

Financial Fibs

Have you ever tried to read a volume of tax legislation?  It’s like a Twistaplot where the ending is always no.  Even seasoned law students are regularly horrified by how tough the tax paper is at Otago University. Amusing then, isn’t it, that your average tom, dick and harry thinks tax is easy and that telling a darn good story will let them claim whatever they like. Personally I love a great story but have you ever tried telling a tearjerker to a computer?  Essentially the IRD is one large computer system chock a block with tax law, devoid of human emotion and logic.  So no matter how touching (or delusional) your story may be, if it doesn’t fit neatly into a box at the IRD, the computer will inevitably say no.

With that in mind, we’ve put together a selection of our all time favourite “doozy” stories below (which have absolutely no regard for tax law whatsoever but make for more amusing reading than tax compliant tales).  Are you guilty of these financial fibs?

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Continue reading Financial Fibs

The problem with being mortgage free at 40

Rhello over 40’s
This article should really come with an R rating but I’m not entirely sure the R40 has been invented yet. Even the over forties may struggle with this topic because in this torturous Auckland housing market the very idea of being mortgage free at 40 seems more of a myth than a problem. Nonetheless, being mortgage free at 40 comes with its own set of problems:

Continue reading The problem with being mortgage free at 40

What’s the smartest question in business

vectorstock_1055262 bra xsmlI’m no mentalist, that’s for sure, but there’s one question that every so often someone, new to business, asks which fills me with hope. Why? Because that one question is generally a reliable sign they’re going to do well in business. So what is that question?


Continue reading What’s the smartest question in business

Company changes you need to know about

14763324_s (2)We always chuckle at the rumour that goes around about technology replacing Chartered Accountants.  The real truth is that, for every technology advancement or tax simplification measure, good Chartered Accountants just get swamped with even more work.

Continue reading Company changes you need to know about

Watch out

design milk kinder group rugHeads up!  If you receive a letter like the one below, please don’t get confused and think it’s from the companies office you normally deal with.  Things like company removals, annual returns and updating your company details are processed by the New Zealand Ministry of Business Innovation & Employment (or Ministry of Economic Development, as they were previously known).  What’s shown below has nothing to do with the government and may even be a scam.  If you accidently reply you may find yourself paying annual fees of $1411 so feel free to thank us for saving you from that one! –  Your favourite Chartered Accountants in Auckland


scm blgCopyright © 2015 Boutique Financial Limited Chartered Accountants Auckland All Rights Reserved. This publication must be read in accordance with the attached disclaimer.

Keeping safe with your company

ChecklistThink of us as your Guardian Angels (albeit accounting ones) because right here right now we’re giving you a goodie-bag  crammed full of the things it’s absolutely essential you do for your company to stay safe and avoid getting landed with a penalty, fine or criminal conviction.

Sadly prosecution isn’t reserved for Directors of failed Finance Companies.  Normal Mum and Dad companies get hit too so have a quick check to make sure you’re proudly ticking all these boxes: Continue reading Keeping safe with your company

Annual-returns aren’t Annual-accounts

Boutique Financial Chartered Accountants In Auckland phone 021911313Every now and then we get one of those niggly little calls from someone who’s ridiculously annoyed about their company being struck-off because they haven’t filed their annual return.  Almost always, they’re adamant that they’ve filed the annual return but, when we get to the bottom of it, we generally find that what they’ve actually filed is their annual accounts and not the annual return at all.  Continue reading Annual-returns aren’t Annual-accounts