Our Services

Benchmarking

Have you ever wondered how your business performs compared to your competitors? What is their average bottom line? Are you spending enough on advertising? Are you paying too much rent? Are your staff costs too high? Surviving in today’s business climate requires you to spend more time working on your business than in it. We can provide you with accurate, timely, informative benchmarking reports that enable you to:

• See how your business compares to your competitors
• Understand more about how the rest of your industry works
• Analyse the key performance indicators in your industry

Equipped with this information, we’ll work with you to develop action strategies that improve your bottom line.

Bookkeeping and Accounting

Modern business requires up-to-date, accurate financial information. We can relieve you and your staff of the enormous burden of all your bookkeeping and accounting needs, including preparation of your annual accounts and periodic management accounts for tax, business appraisal, and planning purposes.

We will discuss your requirements with you and provide information relevant to your particular situation, as well as constructive advice, on a regular basis.

Business Startup

If you have a good idea for a new business venture but don’t have expertise in the legal or financial aspects of creating a new business, we can help you:

• Decide on the most suitable structure for your business – Sole trader, partnership, or limited company
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Register for an Inland Revenue Number and GST with the IRD
• Deal with company secretarial matters, annual company minutes and resolutions etc
• Set up a recording system for your internal use and for complying with statutory requirements

Let us help you turn your business idea into a reality!

Cash Flow Forecasting

Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all your expenses every month? Surviving in today’s business climate requires you to spend more time working on your business than in it.

We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:

• Realise and understand when cash is available
• Plan and prepare for expansion, stock control, and taxes
• Analyse and anticipate key expenses

Equipped with this information, we’ll work with you to develop action strategies that improve your bottom line.

Payroll Services

Administering your payroll can be time-consuming and divert you from your core business activities. Added to this, payroll and employment legislation are growing increasingly complex.
We can relieve you of this burden by providing a comprehensive, confidential payroll service that includes:

• Customised payslips
• Administration of PAYE, statutory sick pay, and annual leave
• IRD filing
• Summaries and analyses of staff costs

Even if you only have a few employees, you will save by engaging us to administer your payroll.

Company Secretary

Company legislation requires businesses to perform several administration tasks that take up a lot of valuable company time. The last thing you need as a business owner is to be stressed out trying to ensure you comply with the Corporations Law. The possible threat of penalties for failing to keep up with the changing rules is too great a risk to take.

At The Counting House we can relieve this burden for you. Our services include:

• General advice on company law
• Company formations
• Filing annual returns on your behalf
• Preparing all documentation related to minutes and resolutions
• Maintaining statutory books
• Assistance with changes of directors, shareholders, addresses, and office details
• Bonus issues
• Share transfers
• Registered office facility

Please contact us for further information on how we can help you get back to running your business.

Farm Accounting

Farm accounting involves specific business, financial, and taxation issues, and a specialist understanding of the industry. At The Counting House we keep abreast of the developments in both the farming and accounting industries, ensuring we are uniquely placed to provide up-to-date, accurate advice.

Our services include:

• Farm budgeting and cash flows
• Farm sales and purchases
• Ownership structures
• Preparation of financial statements
• Taxation
• Seasonal planning
• Succession planning

Orchard Accounting

Our accounting firm is fully familiar with the orchard operations and supporting industries which dominate the Katikati district.

We not only assist with completing the accounting requirements for your orchard, but are experienced in dealing with the tax and cash flow consequences brought about by seasonal and environmental changes effecting different crop types.

Rental Property

At Woori Accounting we have the expertise required to assist you in a variety of areas relating to residential and commercial property.

The services we offer include:

• Advice on purchasing a property
• Reviews of lease agreements
• Advice on funding
• Guidance in tax minimisation
• Advice on ownership structure
• Periodic reviews to ensure returns are maximised

The importance of forecasts in making a residential investment cannot be emphasised enough. We can provide you with forecasts for:

• Revenue returns
• Financial position
• Potential growth

Contact us today for more information on how we can assist you in the business of rental properties!

Trusts

A trust provides a valuable way to protect the assets you have accumulated for the benefit of others. Our extensive experience with the administration trusts enables us to offer specialist advice on trust formation. Obligations for trustees can often be onerous, and our assistance in trust administration can prove invaluable.

We can assist with:

• Attending to the special requirements involved in reporting for trusts
• Completing the trust administration:
• Minute-keeping service
• Annual accounts
• Taxation
• Income distribution

Contact us today to ensure your trust is formed and administered as effectively as possible, covering all legal requirements and guaranteed to fulfil its purpose!

Adding Value to the Audit

At Woori Accounting we carryout audits and reviews for not for profit, sport and charitable entities. 

We will work closely with you to get to know your business and advise the most appropriate form of assurance required for your organization.

GST

The GST system is a complex and confusing one. Consequently Woori Accounting ensures our team remains up to date with any changes, enabling us to offer you accurate advice.

Every transaction now has an associated GST issue. We are experienced in these issues and can offer expert advice on the GST implications for your business. The GST-related services we offer include, but are not limited to:

• Advice on registering for GST
• Filing and adjusting GST returns
• IRD audit assistance

Taxation

At Woori Accounting we offer a full range of taxation services. Our proactive approach ensures we deliver consistent service and build solid relationships that stand the test of time. In consultation with our clients we make full use of tax specialists for complex tax issues.

Taxation can be a major cost to your business. We will work with you to minimise your tax and help you achieve your key objectives. We provide a complete service of assistance and advice in each of these areas:

• Preparing activity statements and advice on tax payments
• GST/FBT obligations
• Advice on, and implementation of, tax effective trust structures for asset protection and tax minimisation
• Managing any IRD audits or disputes