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Millwater Business Owners – Are Your Records Up to Scratch? Many of Millwater’s residents own or manage small-to-medium businesses. As a business owner, you’re required by law to keep certain records. Poor record-keeping is not only bad for business, but you could receive penalties from IRD for record-keeping failures (up to $12,000). Inadequate systems also make it harder for you to keep track of who owes you and what you owe. You lose track of things, miss key deadlines and your costs increase in proportion to how much of a nightmare it is to straighten it out. This could be the difference between the success and failure of your business. Inland Revenue have recently signalled they will be looking at business record-keeping systems. Key targets will be that all jobs and all income are being recorded and that GST is being handled properly. PAYE records are another hot topic, along with the corresponding employment records. Sketchy records are a quick way to set off the IRD alarm bells, so this could be a great time to do a check on your records and systems.
Garden Maintenance Lawn Mowing Weed Control
I am a local Millwater resident. Many of you will know me as the Hibiscus Coast Athletics man, but I am also your local Mowerman! If you are looking for someone to take the hassle out of mowing your lawns or you want a full garden care package, I’m your man. Give me a call and I will pop around to discuss your requirements. David Kayes aka ‘The Mowerman’!
Call David Kayes 0278820069
Hedge and Tree Trimming
With the advances in cloud-based systems like Xero, many businesses have overhauled their systems and are in good shape to pull out regular reports that detail their position clearly. However, there may still be areas where things fall through the cracks. The solution may be cheaper than you think. Are you still making do with the basic systems you started out with? It is possible that your business has outgrown them and they now constitute a business risk. Or, have you recently started a new business and you have no systems in place. It could be in your best interest to speak with an accountant who can help ensure good business systems and record keeping is in place. For further advice or details about how you can improve your systems, please contact Lizelle on 021 464 295 or Lizelle@greenfire.net.nz
