Dennis O’Grady
Posts by Dennis O’Grady for Accounting News and Articles
Why are we waiting?
I attended the meeting at the Hub in mid-August where the Hutt City Council’s Chief Executive Officer spoke about the significant slips on the road between the Stokes Valley Roundabout…
Should your Kids pay Board?
It is fast becoming a common trend for Kiwi kids to live at home with parents well after leaving high school and into their 20’s.
How to Raise Prices Without Upsetting Your Customers
The cost of materials and labour are rising, but according to a recent surveys fewer than one-third of businesses plan to raise their prices in the coming quarter.
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The Importance of Company Records
Are you or your accountant the registered office of your company? If so you may be interested in the following.
New Government Policies regarding Expenses
Entertainment ExpensesThe old rules have changed. Unless the expenditure has a direct link to promoting your business, it's not claimable.
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When Inland Revenue comes knocking at your door
Believe it or not, it’s true. IRD actually has more power than the police!
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How is your business going? Here are some indicators to use to assess it.
Gross Profit On your Profit and Loss Statement, gross profit is the difference between revenue and the cost of goods sold (or services provided).
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Flow On Consequences of the Removal of Interest Deductibility
For many investors the impact of phased removal of interest deductibility is still sinking in. In this article we explore some of the consequences of the change that may not have been apparent at first glance.
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The Importance of ‘Reconciliation’
Reconciliations are a fundamental accounting process that will ensure your financial records are accurate and complete. But it is surprising how many businesses do not undertake them.
What You Need to be Aware of in 2021
Over Christmas, on two occasions we had clients sign contracts without really reading or understanding what they were signing and on both occasions. It meant that legally we could not act for them after the contracts were signed.