Native Garden on Display

WK director Peter Forrest and his wife Andrea will once again put their garden on display at the Rapaura Springs Garden Marlborough event for 2018.

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WK Shares Business Advisory Journey at Xero Summit

Posted in Xero

As Xero has continued to revolutionise accounting processes throughout the past decade, it has been crucial for WK to establish business advisory services to be able to add value for clients.

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IRD Enforcing Brightline Test

Posted in News #planning

IRD have started sending out letters to persons who have sold land within 2 years of purchase, implying that unless the property was used as the taxpayers main home, any profit may be taxable and that the tax return should have been filed by 7 July.

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WK Christchurch Embracing Shared Office Spaces

Posted in Business #business #christchurch #payroll

Shared office spaces are becoming increasingly popular throughout New Zealand, offering likeminded businesses the opportunity to collaborate. WK Christchurch has begun working in a collaborative office space, making the most of the networking opportunities it provides.

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Young WK Client Turning Business Dreams into Reality

At just 21, this WK client has reached international status with his business, delivering high quality fashion watches to customers in more than 40 different countries from right here in New Zealand.

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Marlborough Agri-Women gain Business Insight with WK

A team of WK senior advisors have given the Marlborough Agri-Women Development Group an insight into the world of accounting and business advisory.

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WK Expands into Christchurch

WK has set up office in Christchurch, expanding the reach of it’s innovative accounting and business advisory services.

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Another CA on WK Team

Posted in Staff #accounting #business advisory

WK Advisory has another Chartered Accountant on the team, after another staff member ticked off his chartered accountancy study.

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WK Advisor puts Training to the Test

Posted in Staff #wk staff

WK Advisor Louise Blackbourne will compete in the 2018 Christchurch Grand Prix Bodybuilding competition this weekend.

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WK Women Working to Empower Women

Posted in Community #community #payroll #wk staff

Two of WK's staff members have been working with the Marlborough Zonta Club to empower women across the globe.

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Senior Advisor Steps into New Voluntary Role

Posted in Community #business advisory #payroll

WK senior advisor Sabine Lieflander recently took on a voluntary role as treasurer of the Postnatal Depression Marlborough Charitable Trust. Many of the hours Sabine donates will be sponsored by WK, under our sponsorship programme.

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WK Advisors Armed with Knowledge from Mindshop

Posted in Uncategorized #wk

The team at WK is always working on expanding their knowledge in order to be more than just accountants to clients.

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WK Gala Feast coming to Marlborough in May

Posted in Uncategorized

When Liz first asked for our interest in supporting the gala, WK were 100% supportive in getting behind Liz’s vision.

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Using the Accounting Income Method to Pay Provisional Tax – Should you do it?

Posted in Xero #accounting #ird #tax

The Inland Revenue Department are carrying out an extensive campaign to get taxpayers to adopt the Accounting Income Method - AIM. The idea behind AIM is that your provisional tax payments are based on the profit as per your monthly accounts. However, WK advises against using the method to avoid higher accounting costs.

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Red Meat Profit Partnership – Another Opportunity to Grow the Farming Business

At WK, we believe that the sharing of knowledge and experience is essential to business growth and profitability. The Red Meat Profit Partnership offers another opportunity to improve and build on performance.

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2017 Wrap Up

Posted in Xero #accounting #christmas #highlights #xero #xerocon

Taking a moment to look back on the year that was at WK, it doesn’t take too long to see that 2017 has been another year of highs and outstanding achievements for the team.

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WK Philosophy a Case Study for Aspiring Business Advisors

WK’s commitment to taking risks with business has been recognised in a recent book by certified public accountant, entrepreneur, and leadership expert, Amy Vetter. The book, Integrative Advisory Services, focuses on getting accountants to take a step back from their businesses to remember why they became an accountant in the first place. It aims to encourage them to be more than just accountants, but business advisors as well.

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Staff Admitted to Chartered Accountants Australia & New Zealand

Five WK staff members recently had their skills recognised by Chartered Accountants Australia & New Zealand (CAANZ) at a Marlborough Presidential Gala Lunch.

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WK in Top 30 NZ Accounting Firms

Blenheim accounting business WK has been named one of the top 30 firms in New Zealand. The acknowledgement recognises a commitment to being business advisors, as well as accountants.

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Introducing Xero Projects

Xero is bringing Xero Projects, a simple way to capture, track and report on the time and money spent on individual jobs, allowing businesses to proactively invoice, make decisions and manage their work and business.

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New Xero Expense Claims Feature Released

Xero has released a new Expense Claims Feature. It allows users to speed up their reimbursement process. The latest Expense Claims feature is straight forward and easy to use.

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Xero – Proving to be a Winner

Choosing the right accounting software for your business. Why Xero is the best option to grow your net profit.

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XEROCON 2017

Posted in Xero #accounting #cloud #software #xero #xerocon

Xero's 2017 Xerocon in Melbourne perfect networking platform for Blenheim's WK Advisory.

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2018 Westpac Bayleys Marlborough Sheep & Beef Farmer of The Year

Posted in Uncategorized

WK clients Richard and Victoria Gorman were awarded the top prize for the 2018 competition at an event held at Bayley’s on Thursday evening, in doing so they collected over $30,000 of prizes from sponsors.

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WK Wins 100% Cloud Award

Posted in Technology #accounting #award #business #cloud #xero #xerocon

WK Advisory awarded the Xero 100% Cloud Award for Asia Pacific at Xerocon 2017 in Melbourne.

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Xero Phishing Scam

Posted in Xero #accounting #email #phishing #scam #xero

Xero are aware of a hoax email being sent to its users under the pretense that it is from them. These are scam emails, and are not from Xero. They should be deleted.

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Directorships

Posted in Business #business #business advisory #director

Being a company director in New Zealand is a big responsibility; one which shouldn't be taken lightly. In this post we detail what being a company director involves, as well as who the task is best suited to.

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A Taste and Tour of Wither Hills Winery

Posted in Marlborough

On a crisp, wintry Marlborough afternoon a few of us got the pleasure to join in a tour of Wither Hills New Zealand Winery.

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Farmhouse Expense Deductibility Has Changed

Posted in Agriculture

As most farmers and vineyard owners have started their 2018 financial year, now is a good time to talk about the new rules around farmhouse expenses.

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Schedular Payments change in New Zealand

Posted in Accounting & Advisory

From 1 April 2017, the New Zealand IRD changed the way some contractors pay tax on schedular payments.

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Hoax Emails

Posted in News

These are often cyber criminals who want you to click on a link in the email or an attachment which will contain malicious software (virus).

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The Power of Benchmarking

Posted in Accounting & Advisory

Benchmarking can be everything from comparing financial results to full strategy comparisons, and it allows you to assess your performance against those of your competitors. From here you can tweak strategies and operational plans to improve your performance.

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Welcome to our New Building

Posted in Community

The team at WK are pleased to invite clients and partners to celebrate the opening of our brand new office. Please join us for some food, drinks and a tour of our new building.

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WK Recognised for Business Advisory Work

Posted in Staff

WK has been recognised for their business advisory work with an award from one of the world’s strongest business advisory firms.

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WK Make the Move into New Building

Posted in Marlborough

WK Advisors and Accountants will make the move into their new purpose built building next week.

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Receiving Payments Faster – Stripe Update

Posted in News

Like other payment services you must sign up and activate an account with Stripe which you can do by clicking here.

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Remembering the ANZACs

Posted in Community

As we mark another ANZAC Day, 102 years since the New Zealand and Australian soldiers landed at Gallipoli Peninsula, it’s often a reminder of our own connections to the Great Wars.

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The Importance of Business Web Presence

Posted in Technology

Have you searched google for your own business? If not, do it now! Check that what comes up is actually your business address and phone number or you will be losing customers.

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Fixing Incorrectly Reconciled Transactions with Xero

Posted in Technology

In Xero there are a number of ways to correct transactions that have been reconciled in error. So, what is the best way to correct different types of reconciliation errors?

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Strategic Planning Tips for Small Businesses

Posted in Business #business #planning

Many small business owners are so busy working in their businesses that they often don’t take the time to strategically plan for the future.

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Phishing scams

Posted in Xero #xero

We are aware of a phishing scam where people are receiving an email frominvoice@xero.co.nz. Xero’s real invoice sending address is messaging-service@post.xero.com.

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Prepayments, Overpayments and Bad Debts in Xero

Posted in Technology #accounting #business #xero

In an ideal world, all payments that come through your business would be in full and on time.

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Batch Payments

Posted in Technology #accounting #business #invoicing #xero

If you are on Xero Business Edition, you have the ability to enter monthly purchase invoices into Xero.

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Upcoming 7 April 2017 Tax Due Reminders

Posted in Accounting & Advisory

Inland Revenue have advised us that they will be sending out reminder letters to clients who have already filed their 2016 tax return and have a tax liability to pay by 7 April 2017.

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Xero Keyboard Shortcuts

Posted in Xero

Are you aware of the new and improved search functionality in Xero?

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Transfers Between Bank Accounts in Xero

Posted in Banking #accounting #invoicing #xero

If your Xero organisation has multiple bank accounts with live feeds, there is a simple way to correctly account for transfers between these accounts.

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30 years’ service to WK

Posted in Marlborough

Pat Bright who is a senior account manager has been at WK for 30 years today.

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Xero User Access Options

Posted in Business #accounting #business #tools #xero

A particularly useful feature in Xero is the ability to add and remove users and control their level of access, making collaboration with shareholders, staff and advisors easy and cheap.

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Customise Your Xero Dashboard

Posted in Technology #accounting #business #tools #xero

The dashboard is the first thing you see when you log into your Xero organisation. Its purpose is to provide an easy to understand snapshot of your business right now.

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Xero to Xero Invoicing

Posted in Xero #accounting #invoicing #xero

The Xero network has grown at a rapid speed since it began in 2006 and now reaches over 862,000 subscribers worldwide.

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Xero Bank Rules

Posted in Xero #accounting #xero

This blog revisits and expands on the key points made in an earlier blog about Bank Rules because we know that Bank Rules are a key feature in helping you streamline bank reconciliations in Xero.

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Earthquake Employer Subsidy

Posted in Business

We have just been made aware that Kaikoura businesses who have been affected by the 14 November earthquake may be able to have an extension on the wage subsidy.

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WK 2016 Wrap

Posted in Community #accounting #payroll #xero

As 2016 comes to an end, we thought we'd reflect on some of the things we've had going on at WK.

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Arapawa Seafarms Visit

Posted in Agriculture

The Radon’s (Mike and Antonia) own and operate Arapawa Sea Farms Ltd with help from their children Jacob, Sarah and James.

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Xero Mobile

Posted in Uncategorized #xero

Do you feel tied to your office trying to keep up with all of your business administration?

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Invoice Settings with Xero

Posted in Xero #accounting #invoicing #xero

Match Your Invoices to Your Brand

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Searching for Transactions in Xero

Posted in Xero #accounting #xero

Bank Account Transactions

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Value of Employer Provided Accommodation

Posted in Business

The new approach is substantially different to the old approach and needless to say will mean that the amount by which an employee’s income is to be grossed up will most likely be considerably higher than under the old rules.

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Post- Earthquake Health & Safety

Posted in News

Beef and Lamb New Zealand have provided some valuable advice in regard to Health and Safety, with emphasis for farm owners. We have included there commentary below as well as a link to their website.

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Contact Updates with Xero

Posted in Xero #accounting #xero

Contacts are one of the foundations of your business, so it follows that keeping up to date contact information is very important.

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Xero Payroll

Posted in Xero #accounting #xero

Modern payroll systems can complete powerful, in-depth reporting of your wages to give you the information you need to grow your business.

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Earthquake response from Inland Revenue

Posted in News

Below is an update from Inland Revenue regarding any difficulty you may have in relation to filing your returns or making payments. 

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Recent earthquakes

Posted in Marlborough

The directors and staff at WK are thinking of everyone affected by the recent earthquakes.

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Email Settings in Xero

Posted in Xero #accounting #xero

Although the default emails in your Xero system are efficient they can feel a bit cold and automated to your customers.

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Making Invoicing Easier in Xero – Inventory Codes

Posted in Xero #accounting #xero

If you use inventory items in your invoices, you can select inventory codes (that you have already created in Xero) to save you typing out all the details in each invoice.  

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Making Invoicing Easier in Xero

Posted in Xero #accounting #xero

Generating Invoices from Purchase Orders

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Making Invoicing Easier in Xero – Part 1

Posted in Xero #accounting #xero

Many people can be guilty of staring at that mounted pile of invoices on their desk that they’ve left to tackle until the 19th of the month.

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Using Xero Files

Posted in Xero #accounting #xero

Did you know that you can attach documents to invoices, transactions, expense receipts, contacts and even manual journals in Xero?

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Receiving Payments Faster with Online Payments

Posted in Marlborough #accounting #tools #xero

When running a small business, it can sometimes be a never ending struggle chasing payments from customers.

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Are you Filing your own GST returns?

Posted in Xero #accounting #xero

Xero has recently released a new update which enables Xero users who process and file their own GST returns, to electronically submit their returns from within Xero straight through to Inland Revenue via their IRD myIR login portal.

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Improved Customised Reporting

Posted in Xero #accounting #xero

While data provides the building blocks for financial information, the ability to sort, compare and analyse that data in a way which aligns with your business is key to providing useful financial information.

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Makos v Counties-Manukau in Blenheim on Thursday night

Posted in Community #makos #payroll

For WK it’s all about making a positive commitment to our community and sponsoring the Makos fits well with our aim to foster success for our clients, staff and the community.

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Tasman Makos v Counties Manukau

Posted in Community

WK are proud to support the Tasman Makos as they continue their ITM Cup campaign by hosting Counties Manukau at Lansdowne Park in Blenheim on Thursday 29 September.

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Xerocon South

Posted in Xero #accounting #xero

Hamish and I had the privilege of taking a team across to the annual Xero accounting conference, XeroCon, in Brisbane two weeks ago.

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WK Scoop 2016 Tasman Xero Partner of the Year

Posted in Xero #accounting #xero

WK Advisors and Accountants has once again been recognised as one of New Zealand’s leading accounting firms, after being named the 2016 top of the south Xero Accounting Partner of the Year.

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Change Success Tools

Posted in Uncategorized

Change for organisations can often be a challenge. Typically only 30% of change projects succeed so imagine the savings in time, profit, growth and energy if you could boost that figure to 70%.

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Other Specialist Services

Posted in Accounting & Advisory

Running a business is extremely complex.

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Business Succession

Posted in Business

Business succession is all about identifying the ways in which you can exit your business, when the time is right.

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Forecasting and Budgeting

Posted in Business

There is a direct correlation between businesses that have well defined and recorded strategic plans and increased profits.  

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Management, Reporting and KPIs

Posted in Accounting & Advisory

When assisting with management reporting, we help design appropriate management reporting by assessing some fundamental issues.

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Buying, Selling and Merging a Business

Posted in Accounting & Advisory

Buying a business? We've seen many proposals from clients over the years and know just what to look for when reviewing a prospective business on your behalf.

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Virtual CFO

Posted in Business

A Chief Financial Officer’s (CFO) responsibility extends beyond accounting.

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Profit Improvement

Posted in Accounting & Advisory

Profit is the lifeblood of any organisation, does yours need a transfusion?

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Growing Your Business

Posted in Uncategorized

Achieving growth in a cluttered market is becoming increasingly difficult as the pace of change accelerates and day-to-day distractions delay essential planning activities.

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Governance Support

Posted in Uncategorized

Running your own business in today’s environment of constant change and complexity of legislation can be lonely!

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Strategic Planning

Posted in Uncategorized

Today’s environment of constant change, volatility and competitive pressure demands a robust and ever-evolving strategic plan focused on delivering successful outcomes.

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Fins Up!

Posted in Community #payroll

WK is proud to support the Tasman Makos as they kick off their 2016 campaign when they go up against Waikato at Lansdowne Park this Sunday.

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ACC Health and Safety Training for Employers with LESS than 10 employees

Posted in Community

A Free and Practical Workshop on Health and Safety.

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Spinning Marlborough’s Wheels

Posted in Community

For us mere mortals, it’s remarkable that someone who works full-time and bikes 450- kms a week can still find the time to volunteer at the local cycling club.

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Marlborough Sheep and Beef Farmer Of The Year 2016

Posted in Agriculture

The competition aim is to promote profitable sheep and beef farming by identifying innovative farms with sustainable systems in the Marlborough province.

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Ground Work Begins at WK’s New Office Site

Posted in News

After more than 35 years in our Scott St offices, WK is excited to be moving to a fresh new office building in April next year.

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What’s New At The Woody

Posted in Community

The Woodbourne Tavern and Motel in Renwick is leading the way in providing a convenient online solution for its customers, by being the first pub in the South Island to launch its very own app.

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Residential Land Withholding Tax

Posted in News

The definition of an “offshore person” is far wider than what most people may consider to be an offshore person.

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Why Choose a Chartered Accountant as Your Business Advisor

Posted in Business

Anyone can call themselves an accountant, but Chartered Accountants Australia and New Zealand (CAANZ) provide confidence to the business community in regulating its members to ensure that those carrying the Chartered Accountant (CA) designation bring with it the highest standards of ethical, professional and technical expertise.

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Marlborough District Council Environment Plan

Posted in Marlborough

Marlborough District Council has notified the new Marlborough Environment Plan.

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NZ Employment Law Changes

Posted in Business

If you’re an employer, you should be aware of the changes to the New Zealand Employment Law that took effect from April 2016.

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Beware of a Corporate Portal Invoicing Scam

Posted in Marlborough

We would like to make you aware of one that has sent mail recently to a few companies in Marlborough, so you are not misled into thinking this is a NZ Companies Office requirement.

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Payroll can be Complex

Posted in News

…”Do I need to get my employee to sign a contract?”

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Our Paul

Posted in Marlborough

Our Paul – We recently farewelled Paul Bush after 50 years of service to WK. 

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Xero Payroll

Posted in Xero #accounting #xero

The wage bill is often a large part of a business’ expenses, with wide financial and legal obligations, so is an extremely important area to monitor and get right.  

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WK on the move!

Posted in Marlborough

WK Advisors and Accountants are on the move.

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New Zealand Economic Update

Posted in News

While the NZ economy has started 2016 with moderate momentum, there are some clouds on the horizon and businesses will need to carefully manage the risks to successfully trade through a potential flattening or dip in growth, according to a recent report.

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Accounting in the Cloud – Off to the Show

Posted in Accounting & Advisory

With many of our clients coming from the area it is a good opportunity for WK to show our support for the community and showcase the tools we have in our arsenal that will be off great assistance to farmers and business owners.

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Supporting our Community

Posted in Community

Whether it be by sponsoring our College’s senior year prize giving, contributing to local school fundraising ventures or getting behind the Makos to name just a few.

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Research and Development Information

Posted in Uncategorized

There are various Government websites that you can research and one of these is Callaghan Innovation.

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WK embraces the Changing Face of Accountancy

Posted in Accounting & Advisory

There are a number of major benefits for small businesses:

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Becoming A Chartered Accountant

Posted in Accounting & Advisory

If you are considering undertaking business studies or are motivated to build on your existing qualifications and skill, (not to mention that you would like that something extra on your CV to open more doors!), the Chartered Accountants (CA) program may be for you.

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The Year That Was – 2015

Posted in Marlborough

A wrap up of the year that was at WK.

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Improve Cashflow in January

Posted in Business

With Christmas and the summer holidays fast approaching, it’s easy for businesses to lose track of cash flow.

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Health and Safety Changes Kick in on 1 April 2016

Posted in Business

Every business should have a Health and Safety Plan.

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Mixed Use Assets – Boats and Aircraft

Posted in Uncategorized

The boat or aircraft is a mixed use asset if...

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Recent Key Xero Updates

Posted in Xero #accounting #xero

Combine the automated email reminders with Payment Services, good terms of trade and efficient invoicing practices and you will have a complete debt collection process. And it’s so easy to set up!

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Automatic Invoice Reminders in Xero

Posted in Technology #accounting #xero

Setting up Invoice Reminders with Xero

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2015 Wine Race

Posted in Marlborough

A record 39 boats, each carrying a bottle of new vintage Marlborough Sauvignon Blanc took part in the race across the Cook Strait to Wellington, from just outside Tory Channel last week.

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Advice On Inland Revenue Chasing Unpaid Provisional Tax

Posted in News #tax

Inland Revenue are now randomly contacting clients who may have missed paying their first instalment of 2016 provisional tax due on 28 August 2015.

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Recent changes around the firm

Posted in News

You will see the key changes are in the use of WK as opposed to Winstanley Kerridge, and in our email addresses and website.

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Xero releases new Billable Expenses feature

Posted in Xero #accounting #xero

Billable expenses are costs you’re charged as part of a job, or purchases you make, that you want to recover from your customer.

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New look, same great service + more

Posted in News

For over 40 years Winstanley Kerridge has worked hard to provide you, our valued clients, with the very best service possible.

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