Governance in a time of crisis - war stories from the boardroom

September 24, 2020
On Tuesday we hosted 60 attendees at Nexia House for an IOD event “Governance in a time of crisis – war stories from the Boardroom”.

Increasing tax on high earners - effective policy or electioneering?

September 11, 2020
This week Finance Minister Grant Robertson made headlines with the announcement of the Labour Party’s 2020 Election tax policy. The key point in this policy is the reintroduction of a 39% top personal tax rate. This will apply from 1 April 2021 to those earning over $180,000 per year. We ask what this proposal is likely to achieve if (when) it is implemented. 

The Te Papa fraud case is a timely reminder

August 20, 2020
The payroll fraud at Te Papa, which has appeared in the media this week, has been a timely reminder that robust controls are required around payroll.

The good news for Airbnb owners

August 19, 2020
The tourism sector has been hard hit by COVID-19, and owners of Airbnb’s and other short-term accommodation are no exception.  While it is true that no GST needs to be accounted for on the residential rental income received, there is a larger concern, being the deemed cessation of the person’s GST taxable activity. Where a person ceases their GST activity (that is, they won’t be making any GST taxable sales or supplies for the foreseeable future) there is a deemed disposal at market value of all the assets used in the taxable activity. 

Payroll audits - Why you need one

July 28, 2020
Performing a payroll audit can help reduce the risks associated with payroll errors and non-compliance. There is a myriad of ways in which your payroll processes can go wrong and put you in breach of employment law and a raft of legislative requirements. These mistakes are potentially very costly to your business.

Mako Road - Who says all accountants are boring...

July 28, 2020
It is not often, in my accounting world, that I get to use my finance and governance skills whilst learning about a new industry, and at the same time helping some extremely talented young kiwis. That has been the outcome of crossing paths with one of our recent Nexia graduates, Rhian Ward.

Cloud software - the hero of the lockdown

July 28, 2020
As the crisis caused by COVID-19 started to spread around the globe, New Zealand businesses scrambled to work out the logistics of how their workforces would be able to effectively work from home with only a few days to put arrangements in place before lockdown.  

Liquidators - They're not all bad

July 3, 2020
Is someone you know avoiding a conversation about liquidation, or even bankruptcy, because of the stigma they feel is attached to it? Are they ignoring phone calls, letters, and emails, because it’s just another person asking them for money? Or have they been responding, but then receiving follow-ups because they haven’t kept the promises they’ve made?

Managing the risk of fraud and financial crime

July 2, 2020
Craig Melhuish, Director, and William Dawson, Corporate Advisory Manager of Nexia New Zealand hosted 25 members of the Institute of Directors for a Directors Deep Dive Session. Today’s topic was Managing the Risk of Fraud and Financial Crime.

Nexia NZ welcomes an Auckland firm to the network

June 4, 2020
We are excited to announce that Hayes Knight has recently joined us as part of the Nexia International network, the 9th largest international accounting network in the world.
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