Entries by Giles

Family Business Succession Planning

March 8, 2019 in , , , , /by

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. Set expectations at the beginning In New Zealand more than 60% of family owned businesses are transitioned to a second generation. However, this process can be fraught with difficulty and often lead to conflict between siblings and […]

Year End Tax Tips

March 5, 2019 in , , /by

by Sheral Reddy, Associate Director at GECA Chartered Accountants. If you need help with tax advice, including end of financial year preparation, then Sheral and the GECA team can help.  The end of financial year deadline  As the end of the financial year approaches, it always pays to spend a little extra time examining your financial records and considering […]

Xero vs MYOB – What works best for your business?

March 1, 2019 in , /by

I bought my first fee book from a retiring practitioner in 2010. At the time MYOB was the incumbent accounting software provider to New Zealand small to medium sized businesses. Meanwhile Xero was a rising force with around 15% of the market. Coming from a corporate accounting background I was software agnostic. However at the […]

Tax Updates

November 1, 2018 in , , , /by

This post is by Sheral Reddy, Associate Director at GECA Chartered Accountants and an experienced CA who specialises in tax and property compliance.  Anti-Money Laundering Legislation From 1st October, all accountants have to comply with the Anti-Money Laundering legislation. We are now required to put in place preventative measures to tackle these issues. This will […]

Following the chain of command for better business performance

August 7, 2018 in /by

This post is by Giles Ellis, an experienced business coach and Director at GECA Chartered Accountants.  As small businesses evolve to become larger and more complex, the original owner operator model that is often the basis for business operations needs to evolve to better meet the needs of the business. What is an Organisational Structure […]

Shareholder employee salaries – what is the right amount?

May 30, 2018 in /by

This post is by Giles Ellis, an experienced business coach and Director at GECA Chartered Accountants. An issue that arises up a lot with family business owners is the issue of non-commercial shareholder employee salaries.  In this article I’ll explain what these are, how it can become problematic, and what you can do to safe-guard […]

2018 Year End Accounts Checklist

February 26, 2018 in /by

YE tax tips 2018 click for a PDF download Year End Tax Tips This post is by Sheral Reddy, Associate Director at GECA Chartered Accountants. If you need help with Tax advice including end of financial year preparation, then Sheral and the GECA team can help. The end of financial year deadline  As the end of […]