Entries by Giles

COVID-19 Proposed Tax Changes

This post is by Sheral Reddy, an chartered accountant and tax specialist at GECA Chartered Accountants. Call Sheral now for tax advice on your circumstances. As you may all be aware, the continuing spread of COVID-19 which has been classified as a pandemic has seen the government taking action and making various announcements this week. […]

vCFO – All the expertise, half the cost

This post is by Giles Ellis, an experienced business coach and Director at GECA Chartered Accountants. GECA offer Succession Planning and other Business Advisory Services. The advantages of a Virtual CFO If you’re a small company looking to scale up, you need the financial expertise of a CFO. But taking on a full-time staff member at that level is often too costly […]

Tax rules on employer-provided travel from home to a distant workplace

In December 2019, Inland Revenue introduced Operational Statement OS 19/05 to outline the IRD approach to employer-provided travel from home to a distant workplace. This will not will not be applied to the taxpayers until 1 April 2020. IRD recognises that there has been significant uncertainty regarding employer-provided travel from home to a distant workplace […]

Case Study: How Construct Brands excels with a GECA Virtual Finance Team

This post is by Giles Ellis, an experienced business coach and Director at GECA Chartered Accountants. GECA offer Succession Planning and other Business Advisory Services.   How GECA’s Virtual Finance How GECA’s Virtual Finance Team solution set Construct Brands up for success In today’s fast-paced business world, it can be small innovations that give companies an edge – and sometimes it’s an […]

The new Trust Act and how it impacts you

This post is by Giles Ellis, an experienced business coach and Director at GECA Chartered Accountants. GECA offer Succession Planning and other Business Advisory Services.   The Trusts Act 2019 was passed on 30 July 2019 replaces the Trust Act 1956.  The new trust law will be effective from 30th January 2021 and includes clarification of the existing trust laws and some […]

Tax Tips November 2019

This post is by Sheral Reddy, Associate Director at GECA Chartered Accountants and an experienced CA who specialises in tax and property compliance.  Inland Revenue has made some updates that we thought you might like to know about, these Tax Tips have been outlined below: Interest rates Effective 29 August 2019, IRD has changed the use […]

Xero Tips and Tricks: Keeping track of different rental properties

When you have only one property to rent out it is relatively easy to separate its accounting from your other income and expenses. But the more rentals you have the more you need to know about each property performance in order to grow your wealth further. Also, according to the new ring-fencing losses legislation, investors […]