Accounting & Taxation
Accounting & Taxation
We help business owners get financially organised, make informed financial decisions and plan for profit.
Tax Compliance & Annual Accounts Service
Engine Room Chartered Accountants are business accounting and taxation specialists. With the need for traditional accounting and taxation required by legislation, our core services look to ensure your business financials are well taken care of.
We can take care of:
- Transaction Processing Reviews
- GST Returns
- Annual Accounts
- Company and Personal Income Tax Management
Also available as part of our services for businesses we can offer:
- Strategic Planning
- Company Administration
- Business Purchase Advice and Due Diligence
- Indicative Business Valuations
- Business Structure Reviews
- Budgeting & Cashflow Forecasting
Our latest accounting insights
-
Fraud prevention tips for your small business
A Guide from Xero It’s an uncomfortable truth for business owners, but fraud happens more often than you think. Most business owners say that they never thought it could happen to them, but it can. Here’s some advice from Xero, the accounting software on some things to think about and ways to manage the risk.…
-
Tax threshold changes and your business
The changes to personal income tax rates taking effect in July, as an outcome of the Budget 2024, have some consequences for businesses. The current thresholds apply for the first 3 months and 30 days of the 2024–25 tax year; the new thresholds for the remaining period. For the 2024-25 year only, composite tax rates…
-
Tax on Online marketplaces
From 1 January 2024, online marketplaces must disclose information about sellers and transactions on their platforms. This makes income earned on digital platforms (also called the sharing and gig economy) more transparent to Inland Revenue if you earn income for services such as: – providing short-stay accommodation – providing ride-sharing services for a fare –…
-
Understanding ACC CoverPlus Extra: How it works and who is eligible
Understanding ACC Cover Plus Extra – how it works and who is eligible.
-
Holiday cashflow for your small business
Are you heading away for a break from the business this year? This time of year can be hard on small business. Your expenses continue and your cashflow can suffer when your debtors go on holiday. Leading up to the holiday period, is your business cash flow in good health to carry you through? With…
-
Can ‘Black Friday thinking’ hurt your business?
Love it or loathe it, Black Friday and Cyber Monday (BFCM) sales are mere days away with some retailers starting their sale period early. While it’s tempting to jump on the bandwagon and discount everything in sight, you’ll need a solid BFCM discounting strategy. Think about: The following discount strategies are designed to make your…
Not sure what you need?
Because no business is alike, we don’t think our service packages should be either. At Engine Room, we customise our services to suit your business needs.
Talk to our friendly team and let our experts help you take your business to where you want it to be!