Philp Accounting

26/06/2024

Please be aware that we have moved and unfortunately, due to some technical issues our main number will not divert for quite some time so please use the mobile number to contact us.

0274530473

Sorry for any inconvenience

27/07/2023

The financial stress on small businesses is continuing with new data saying nearly half of all small business owners aren't paying themselves.

New data shows 'significant signs' of financial stress for small businesses.

12/07/2023

On 17th July we are moving to a new location only 5 mins away.

Our new address is:
13 Conclusion Street, Ascot Park.

We will be renting in Ascot Park for a year. However, our long-term plan is to relocate up the coast, where we anticipate enjoying better weather and growing conditions. Rest assured, we will continue to provide you with the same high-quality accounting services as before, despite the change in location.

Over the past year, we have learned valuable lessons from the Covid-19 pandemic, which have reshaped the way we work. Thanks to advancements in technology and reliable internet connectivity, we have adopted new methods of serving our clients. As a result, we may not require as many in-person meetings as before.

However, for those of you who prefer face-to-face interactions, we want to assure you that we are only a short distance away. If you would like to arrange a personal meeting, kindly inform us, and we will gladly schedule a visit to your location.

To ensure efficient communication, please note our updated mailing address. Kindly use the following P.O. Box to send any postal mail: P.O. Box 58046, Whitby, Porirua 5245.

Additionally, if you need to drop off any physical documents or paperwork, you can utilize the Black Box located outside the ranch slider at our Conclusion Street office. If you glance through the window, you will be able to spot our team working diligently.

We understand the significance of maintaining reliable contact, and we want to assure you that our telephone number remains unchanged. You can reach us at:

Phone: 042355340

For any urgent matters or direct communication, please feel free to contact me personally on my cellphone:

Cellphone: 0274530473

We appreciate your understanding and support during this transitional period. Should you have any questions or concerns regarding the changes, please do not hesitate to reach out to us. Our team is here to assist you.

Thank you for your continued trust in our services. We look forward to serving you from our new location and delivering the same exceptional accounting expertise you have come to expect from us.

Best regards,

Janet Philp
Philp Accounting Services

06/07/2023

Reminder from IRD that Income tax returns are due today for any untaxed income received For example, income from self-employment, rental property, or cash jobs.

🔔 Important reminder: Income tax returns are due TODAY – 7 JULY.

You will need to complete an income tax return if you've received any untaxed income. For example, income from self-employment, rental property, or cash jobs.

We send a tax pack to everyone we think needs to file an income tax return. If you haven't received a pack, and you need to declare untaxed income, please send us a message in myIR today, with the subject ‘Need income tax pack’.

Don't be late with your tax return – get yours done today. Find out why you need to file and how: www.ird.govt.nz/7-July

If you’re a salary and wage earner with no untaxed income to declare, you should have received an automatic income tax assessment – you don’t need to file a tax return.

29/06/2023

📣💼 Strengthen Your Business with Sound Insurance Choices! 💼📣

As accountants, we understand the ever-evolving nature of risks in today's business landscape. With new technologies, shifting market conditions, and the impacts of climate change, your business faces a host of new challenges. This year, we've witnessed the devastating consequences of extreme weather events both at home and abroad, providing undeniable proof.

From an accountant's standpoint, we emphasize the significance of insurance as a vital safety net for your business. It offers invaluable financial protection against unforeseen risks and liabilities. In light of recent weather events, the insurance market is experiencing notable changes. It is crucial to ensure that you make informed decisions and secure the right coverage tailored to your specific needs.

Whether you encounter property loss, require support for income and operating expenses following a disaster, or seek protection against data breaches and cyber-attacks, having the right guidance and appropriate coverage is paramount. As your trusted accounting partner, we strongly urge you to prioritize your business's financial security by investing in robust insurance coverage.

By safeguarding your assets, fortifying your operations, and mitigating potential losses, you enhance your business's resilience. Count on us to provide comprehensive advice and support from an accountant's perspective, ensuring your insurance choices align with your financial goals and risk management strategy.

If you want our advice on ensuring your insurance choices align with your financial goals and risk management strategy get hold of us.

04 235 5340
www.philpaccounting.com

22/06/2023

Navigating financial disputes in business can be emotional and overwhelming.

Whether you're selling your business or splitting up with a business partner Financial Mediation services are a great way to keep it professional and help take the emotion out.

Our experienced team will work with you to find the best solutions and ensure a fair and equitable outcome. Don't let financial disputes disrupt your business, contact us for a confidential consultation today.

18/05/2023

Businesses are struggling but so are individuals and in a market where skilled workers are so desperately needed it is a great time for those to ask for a pay rise or look for other career opportunities but what should you do as a employer if you do get asked for a payrise from one of your employees?

OPINION: With today’s cost of living challenges, your team members will be more expectant around wanting a pay rise this year.

11/05/2023

eInvoicing is gaining momentum in NZ

Every month hundreds of businesses are registering to receive eInvoices.

eInvoicing is the digital exchange of invoice information directly between buyers’ and suppliers’ financial systems, even if these systems are different. It’s more accurate and secure than sending PDF invoices over email and can help your business get paid faster.

Each month the updated list of eInvoicing registered businesses is published on the eInvoicing website. Your trading partners will be looking for you – are you on the list?

https://www.einvoicing.govt.nz/ -registered

02/05/2023

Do you think it's fair that the wealthiest people pay the least tax?

Are they just smart or do you think the system needs a change?

Long-awaited Inland Revenue study is expected to prompt debate over tax reform.

27/04/2023

No you don't need to have your tax return in until next year but if you have tax to pay that will put extra pressure on to have the money straight away.

Take the time now to fill out the questionnaire we sent you in March so installment arrangements can be made to ensure you don't end up with any penalties for late payments on tax owing for the last financial year when the deadlines come up.

If you can't find the questionnaires get hold of us and we can resend them.