Keep up to date with Coates Associates
Seasons Greetings from the team at Coates Associates
As 2020 draws to an end it is hard not to look back and reflect on the unprecedented year it has been.
This year we welcomed Megan Harris to our team. On the downside, we will be saying farewell to our office manager Carnie Nelson when we close for the Xmas break.
New GST on low-value imported goods
Overseas businesses selling goods valued at $1,000 or less online to New Zealanders are now required to register for, collect and return GST where their supplies to New Zealanders exceed (or are expected to exceed) $60,000 in a 12-month period. This is good news for local businesses who may have been at a competitive disadvantage by having to charge GST on their sales, when their foreign competitors didn’t. Want to know more? Read the special report at http://taxpolicy.ird.govt.nz/publications/year/2019.
Published 30 June 2015 Coates Associates are proud to be supporting Ricardo Christie during his maiden year on the world championship surfing tour. The championship tour is made up of the world’s top 32 surfers and comprises 11 contests held all over the world. Ricardo qualified for the championship tour via his 16th place finish on the 2014 qualifying circuit (feeder tour). He is the second only New Zealander to qualify for the top tour, the other being Gisborne local Maz Quinn in 2001. The top finishing 22 surfers at year end retain their spot on the championship tour, with the remainder being replaced by the top finishers on the qualifying circuit.
Going Aero-Di-namic for a Worthy Cause
On Friday the 13th of March our team member Di Walker decided to brave a new look in her quest to fundraise for the Cancer Society. She raised $704 for a very worthy cause. Di said she had friends and family who had battled cancer. Some of them were going through treatment, some had survived and others had lost their battles.
Cancer is not nice, mentally, physically and emotionally. It’s a killer and we need to try to eradicate it.” Well done Di.
How cyber-secure are you?
Blackmail, extortion and identity theft might sound like something straight out of a blockbuster movie but cyber crime is not only a reality, it’s on the rise and research shows the average Kiwi business isn’t prepared.
Are you planning a promotional event open to the general public? Sponsoring the local Santa parade?
The event will be 100% deductible as a business expense. However, if the event is not open to the public, but by invitation to customers, business associates or team members, you can only deduct 50% of the costs.
Liv has a wish…to be able to walk with crutches, so she can go places with steps. She also really loves cooking, so it would be great for her to have the balance to stand at the bench to cook and also to be able to shower and dress without any help.
Tribute to Richard Coates
It was with great sadness that we farewelled our founder Richard Coates after his sudden passing on the 24th of November 2016. Richard retired at the end of March this year however he was still very much part of our Whanau.
Richard was many things to the Team during his time at the helm; leader, mentor, colleague and above all our friend. As an employer he was incredibly generous, supportive and always keen to see new initiatives introduced into the office to make sure we kept up with technology and changing legislation.