Help grow your business through collaboration, expansion, improved marketing and some of the following quick tips.
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Service Businesses are hard to value and sometimes struggle to get their price at sale time and a prospective owner can have a lot of questions before taking on a new business.
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Topics: CRM system, Firm News, accounting, Blog, Marketing, sell your business, Website
I was trying to demonstrate how the accounting industry and accounting function in business has changed in past years so we came up with this illustration - the Evolution of Accounting.
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Topics: Firm News, improve accounting, accounting in the stone ages, accounting systems, Blog, modern accountant, xer add ons, xero accountant, accounting technology, evolution of accounting
Do you rent out your holiday home or bach?
The new rules on mixed-use assets could affect you.
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Topics: Firm News, rental property, bach, Blog, mixed use assets, mixed use holiday homes, rental, tax, holiday home
If these words are what you are looking for in Accounting Services then XO Accounting has the services you are seeking…
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In the five years Xero has been on the market it has quickly gained a reputation as being the easiest accounting system around. Xero is a cloud based system which means that you can log into it securely from any computer with an internet connection anywhere in the world. It also means you won’t need to buy costly accounting packages and upgrades ever again and it even eliminates the need for backups – if your computer crashes you won’t lose your accounting data! In addition to these practical benefits using Xero has many advantages that can give your business an edge:
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Topics: benefits of Xero, Firm News, online accounting, small business accounting, xero, accounting, Blog
Many people dream of buying a business and turning a small idea into a big success. The attractions are in making large profits, being your own boss, making your own decisions and employing other people to do your work and having time to think of other small ideas to grow… Buying an existing business gives you a kick-start in premises, plant, machinery, staff, plus brands, goodwill, marketing, databases – all assets that are attractive to a prospective buyer.
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Topics: business, buying a business, due dilligence, financial, Firm News, report, xero, be your own boss, Blog, investment, valuation, value, xero accountant, accountant, franchise
Former restaurant owner gets home detention for false income reporting
A former Wellington restaurant owner has been sentenced to five months home detention and 200 hours of community work for filing false Income Tax and GST returns and evading tax.
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Topics: false returns, Firm News, accounting, Blog, Inland Revenue, penalties, tax, tax evasion
Today the new tax changes come in for those of us still left in the rental property market. It’s the start of a new financial year and it doesn’t feel so new anymore. We are all in the throes of electing to change to LTCs, we know about the depreciation changes and we know that our rental property losses won’t have such an effect on our tax this year – but what about this year? What is going to happen to the rental property market, particularly in Auckland where one of the biggest shows in town is going to arrive in a few months time?
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Topics: 2012 financial year, demand, Firm News, investment property, rental property, xero, accounting, Blog, inflation, LTC, property, xero accountant, accountant, changes
The Tax Changes – are they making you worried about your future losses or is it back to fundamentals in property investment.
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Topics: assets, Firm News, investment property, tax changes, taxation, accounting, Blog, deppreciation, expenses, income, investor, IRD, LTC, mortgage, property, wise advice, accountant, cash flow, look through company