Tax and Trust Professionals Ltd

The importance of good governance is not disputed, what is less clear is how to achieve good governance. In the charity sector the requirement of Trusts to have independent trustees is to lesson the risk of a charity failing to deliver on their strategic purpose. A governance review can identify areas for improvement to help an organisation meet it's compliance and reporting requirements while also driving strategy and performance. Contact us now for more information or to get started on a Governance Review.

Leveraging Your Tech - Tame Your Email Monster Wednesday 24th April 12pm - 12.30pm Free Webinar Leveraging technology is the easiest way for businesses to streamline their processes, increase their efficiency, and ultimately achieve time, mind, and financial freedom. It's easy to let your inbox turn into a monster and hard to claw it back without the wheels coming off. At this webinar you’ll: - Learn some simple email tips to reduce by 2/3rds your answering email time. - Identify apps that you are using and learn how to rate them. - Be inspired to be tech-savvy. Want the info but can't attend? We will be recording the webinar and sending it out to those registered. Register now!

When confronted with difficulties or adversity, creating a #BusinessPlan provides clarity and steps to overcome these. Spend time planning to ensure your business is resilient and can overcome future challenges.

The interest deductibility rules have been a hot button issue since they were introduced. They will start to be phased out from the 2024-25 tax year as residential property investors breathe a sigh of relief. Have a chat with us to ensure you’ve accounted for (and budgeted for) the upcoming changes to interest deductibility on your property investments.

We’re in a period of rapid policy change (some more rapid than others). Some changes have already been implemented; others are still queued. What major policy changes affect your business?

Your business must have regular taxable income to remain GST registered and Inland Revenue are doing checks on those that file with regular refunds. You may receive a letter asking for more information about your GST refund read our article for more info.

If you are reflecting on where you are at and thinking about your business goals for the year ahead, we can help you establish measurable goals for your business in 2024. #smallbusiness #newyearsresolutions #goalsetting

Gone are the days when a business’s sole purpose was to make a profit. While being profitable is important, your purpose is why you exist for your customers; your reason for being. Focusing on your customers’ needs results in better profitability.

Scams are getting more and more sophisticated and they can even sound just like your family and friends on the phone. Make sure you arm yourself with knowledge. Here's the story of how William got scammed, dheck out more stories from ownyouronline.govt.nz William, fell for an impersonation scam: “I was on holiday in Malaysia when I received a text from a travel agent friend who said he was being held hostage at his hotel in Manila. They wanted $800 before they’d release him. The texts kept coming, sounding more and more desperate each time – he was cutting it fine to catch his flight out of the Philippines. So I transferred the money, thinking I was being a good friend. As soon as the money was gone, communication stopped and I realised I’d been scammed. My friend had been safe at home the whole time. I wish I had messaged him separately to check. I felt so betrayed and silly. The urgency of the situation had me flustered. I'm out of pocket, but I'm glad my friend is ok.” Don’t expose your life online. Own it. #ownyouronline #csw23

Whatever you’re doing online, you can be exposed to a cyber attack. This Cyber Smart Week, we’re supporting @CERTNZ by encouraging New Zealanders to be secure online. Over the next week, we’ll share real stories from real people to show the full impact of what can happen when you’re not secure online. Visit ownyouronline.govt.nz to see all the stories and learn how to protect your life online. #ownyouronline #CSW23