Noone Plus February 2018 update
In summary this email covers:
- 2017 Accounts and Tax Returns
- Year End Update
- Audit Shield
- Vetta Online - Rural Internet
- Recommended App (For Extra Security)
2017 Accounts and Tax Returns
If you are yet to provide us with your 2017 financial information, please get this through to us immediately.
Please contact our office on 03 688 6644 if you are unsure what information you need to supply.
31 March Year End Update
This year Good Friday is on 30 March 2018 so just a reminder for businesses having trading stock/livestock that your end of year stocktake should be completed at end of March.
Once you have completed this stocktake then please feel free to forward this to your account manager or post it in to our office.
For our rural clients who have livestock, the majority balance dates are 31 May or 30 June so the above does not apply.
If you are finding difficulty in managing your stock, please let us know. There are several online stock systems that we can recommend which can assist you in managing your inventory.
Audit Shield Summary
You may have noticed that Inland Revenue (IR) has been featuring in the media quite a bit lately. Reported to have received additional funding, it has resulted in a sharp increase in audit activity and now, more than ever before, individuals and businesses are at risk of being selected for a random audit, enquiry, investigation or review.
If your business or individual return is subjected to a random audit, enquiry, investigation or review you are responsible for the professional fees involved in us providing the required information. Even the simplest enquiry can require hours of work. In some cases, when there are complex environments, unusual circumstances, multiple years or multiple companies and trusts, thousands of dollars in accounting and legal fees can be incurred.
We have responded to this growing threat by finding you the most comprehensive tax audit insurance available and are pleased to offer to you and your business our Audit Shield Master Policy. The Audit Shield Master Policy is fully tax deductable for businesses and self-employed providing you with peace of mind in relation to audit, enquiry, investigation and review associated costs. The features of this are:
- Our accounting fees in responding to audits, enquiries, investigations and reviews of your lodged returns, including those from previous years are covered.
- Specialist’s professional fees if we need to engage a tax expert or lawyer for an opinion or defence are covered.
- Cover commences from as little as $255 pa (inc GST) for a sole trader or partnership.
You will soon be receiving a letter from us explaining the policy and inviting you to participate under our Audit Shield Master Policy. Should you have any queries in relation to the offer we encourage you to contact our office upon receipt of the letter.
Noone Plus are great supporters of Vetta Online
Living in rural South Canterbury is beautiful – great views, warm weather and a space to breathe away from the hustle and bustle of Timaru city. One drawback we’re trying hard to fix however is fast internet connectivity in these out-of-town areas.
Vetta know the importance of internet in the daily lives of everyone. From keeping in touch with friends and family, working with cloud technology, to participating in a video conference for a meeting miles away, internet is important. Unfortunately parts of rural South Canterbury are stuck with either slow, or no internet connectivity.
Vetta are here to help! We’ve deployed many rural wireless towers in the region, and partnered to use other available towers to provide fast, reliable internet to your rural property. This means Vetta can provide city-like internet speed to you, right now! Better still, you can call Vetta on 0508 4 INTERNET and won’t be stuck with wait times or talking with someone in another country – they are based right here in Timaru.
The process is simple and just requires them to visit your property to install connection equipment on your roof, and you’re online!
Give Vetta Online a call today on 0508 4 INTERNET to learn how they can speed you up, no matter where you are in the region, or visit www.vetta.online for more details.
Recommended App is Google Authenticator
Google Authenticator generates 2-Step Verification codes on your phone.
2-Step Verification provides stronger security for your Google Account by requiring a second step of verification when you sign in. In addition to your password, you’ll also need a code generated by the Google Authenticator app on your phone.
This is a free App which is available to download on most devices.
Google Authenticator can be set up on a good number of websites that you log into. Here is a few that we thought you could be interested in. Click on for instructions:
To download the app on your mobile device please click on the links below.
See iTunes link here
See GooglePlay link here
The team and individual photos on the Noone Plus website were taken by Chris Stanley at CS Photography.