CG Update - March 2019

Candy Gilllespie • March 30, 2019

People News

At the end of March we are losing two long standing staff members. Raewyn Goscomb joined Candy Tappin as a school leaver, left for OE and child rearing years before becoming the right hand and go to person for clients of firstly Jim Kyle and then Craig Taylor. Raewyn and Leon are moving to the sunny climate of Blenheim.

Anne Gillespie is also retiring after a long, desperate, and yet brave effort of keeping her husband on the straight and narrow. John Gillespie is also significantly reducing his time at the office.

Event of the year to date has been the celebration of Keith Rea's milestone of 50 years with the firm after starting as a school leaver in 1969.   

Recent additions to our staff in 2019 have been Stacey Shearman and a returning Lynette Yetman.

New Directors

The office also welcomes two new directors and owners of Candy Gillespie Ltd. Staff members Heath Tapper and Michael Candy will take up their new roles in April.

End of Financial Year

Every year we plead with and beg clients to complete and return the green questionnaire form, one year we even offered a prize, and that didn't work either. This form is your instruction to us to compile your accounts and tax returns. It is integral to our system to have that form on file. Please do not ignore it even if you think there is nothing to fill out on it, please sign and send it in.

Donations 

A 33% rebate is available for cash contributions to registered charities in the education, religious and philanthropic fields. Rebate applications are made to IRD and we can do this for you if you send in all your donation receipts with your green questionnaire.

Wages & Payroll

A minimum wage increase to $17.70 per hour comes into effect on April 1 st. For 16 to 19 year olds on training or starting wages the rate is $14.16.

The Domestic Violence Victims Protection Act comes into being on April 1 st entitling victims to two weeks paid leave every twelve months.

Payday filing is compulsory from 1 st April 2019. For employers, enclosed is a summary on what you need to know.  

Post Dated Cheques

The IRD will no longer hold post-dated cheques until the nominated date and our postal system has become unreliable in terms of delivery time. If you are paying tax commitments by cheque, please allow plenty of time for delivery and accept that the cheque will be presented when received.

IRD are pushing for all payments to be made electronically. If you choose to pay your taxes electronically, please make sure that you load the correct IRD number , tax type code and the period for which that payment applies. 

March 31, 2025
March 2025 Update from the CG Team
March 31, 2025
Link to the NZCA Trial Balance Newsletter, published March 2025
December 19, 2024
2024 Christmas Update from the CG Team
December 18, 2024
Link to the NZCA Trial Balance Newsletter, published December 2024
October 10, 2024
Link to NZCA Trial Balance Newsletter, published September 2024
June 29, 2024
Link to NZCA Newsletter June 2024 Items of interest include: Unveiling NZ's business metamorphosis Invest in yourself - the ultimate path to success Company vehicles kept at home but used for business Changes to personal income tax thresholds 90-day trial period Disposal of trading stock at below market value Trustee income to be taxed at 39% Shareholding continuity/different classes of shares - watch your imputation credits/losses Mileage rate Minimum wage increase from 1 April Bright-line test on property held briefly Knowing your numbers
May 30, 2024
May 2024 CG Update- important information for farmers and those with a 31 May balance date.
March 6, 2024
CG Update March 2024 - important information for the end of the financial year
February 29, 2024
Link to March 2024 newsletter published by NZCA Items of interest include: Stress & Pressure - how are they different? 8 employee retention strategies Tax changes loom for rental income Business Valuation - what is your business worth? Family trust shareholder - pay dividends now? Family trusts and children who grow up GST registration for part-time business Loans to your company Shareholder fallouts Tax Calendar
November 30, 2023
Link to December 2023 Trial Balance Newsletter - valuable information from NZCA Embracing self-leadership How Kiwi companies in Australia can avoid the 'double tax' trap Inheritances and relationship property Paid parental leave Air tags to track your valuables String of emails - policy may be required Bright-Line - main home exclusion Tax Calendar
More Posts