The Inland Revenue have recently made some changes to the calculation for reimbursing employees (which can inlcude owners) of small businesses for vehicle costs relating to business travel. Details on the new rules can be found here In essence the rules have been expanded to cover more than 5,000 kilometres per annum. The new rate for up to 14,000 kilomteres per annum is 76 cents and after that it is… Read more
What systems do I need and how do I get the most out of them. At last count in our accounting firm we had 16 different systems that we use on a daily basis that all cover off a different part of our business functions. The amount of systems that businesses run has changed significantly over the last few years as it has become a lot less expensive to develop… Read more
Xero have released the long awaited Payroll functionality for the NZ version ready for use from 1 April 2015. Xero’s payroll functionality includes the standard features of payroll software in terms of calculating pays, managing leave etc but it also includes the ability for staff to login and view their leave balances, pay history and submit leave requests. As you would expect from Xero the User Interface looks nice and… Read more