Coming from rural
backgrounds the Stem
team aren’t afraid to
get their hands dirty.

“Rolling up the sleeves and just getting on with it” is a pretty good way to describe how the Stem Rural team works. We’ve learnt that getting out of the office and getting under the bonnets of our clients’ businesses is the best way to understand which tools we can best use to help.

Just like maintenance, we believe being proactive is the best way to get best from your business and that’s why we’re always finding our clients opportunities other accountants have overlooked. If there’s a better way, we’ll find it for you.

Regardless of whether your objectives are to “just take care of business”, to achieve stratospheric growth or anywhere the middle, the Stem team is ready, sleeves rolled up and ready to get busy.

> TESTIMONIALS

No Surprises with Income Tax

Here at Stem we can make a real difference with our No Surprises tax service. This utilises the AIM method (Accounting Information Method) of paying income tax instead of the traditional Standard provisional tax method.

Using AIM & Xero we are able to calculate your income tax every two months and you can pay this along with your GST. You only pay tax when you make a profit. If you’ve overpaid tax you can receive a refund straightaway.

To use AIM you must:

– have an annual turnover of under $5m
– be an individual or a company (no Trusts or Partnerships at this stage)
– use approved accounting software, we use Xero

We currently have over 100 clients paying their income tax via the AIM method and they all say it’s the best decision ever as there’s – ‘No Surprises!’

Inland Revenue has more information on AIM here.

The difference a Chartered Accountant can make for your business

When PSA hit Trudi’s Kiwifruit clients here in Te Puke she went all out to ensure a law change was passed to ensure that the costs to the grower became fully tax deductible. This video explains what happened.

News

Here are some snippets of business and accounting news we've recently put out on our Social Media.

> MORE NEWS

What to know about public holidays

Following the introduction of Matariki in 2022, employees in New Zealand get 12 public holidays a year. But what happens if your business needs to stay open on a national holiday? When employees work all or part of a public holiday, businesses must: - pay staff at...

Tricky tax questions at Christmas time

No matter how well you’ve planned in advance of the Christmas flurry or whether you’re still taking care of last-minute items, be aware of what you can claim tax deductions for, or where you might be liable for tax. For instance, in a quick quiz, could you answer...

Giving gifts to clients (think about the tax)

The season of giving is on us. While the fun part is thinking about parties and presents, take a moment to remind yourself about the tax rules. If your Christmas giving includes gifts to clients, remember that some gifts will be fully deductible while others will be...

Quick guide to employment basics – sick leave and bereavement leave

As an employer, it is essential to understand the different types of leave and your employees’ entitlements, including sick leave and bereavement leave. Sick leave Your team members are entitled to 10 days of sick leave per year if they - have been continuously...

Trusts and information disclosures

If you have a family trust or are a trustee for one, be aware of your obligations. The Trusts Act 2019 introduced presumptions that trustees will make basic trust information available to every beneficiary and provide further trust information to beneficiaries on...

The value of cashflow forecasting for your business

Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard your cash...

2020 Diversity Awards NZ – Work Life Balance Category  – Winner of Small Organisation Excellence Award

September 2020 – We were finalists in the 2020 Diversity Awards NZ in the Work Life Balance category and have won a small organisation excellence award!. This is in recognition of the implementation of our very successful six hour workday for our team. For more information head over to the Diversity Works NZ website to read our case study. You can also watch our entry video below.

Here are Trudi, Martin & Nick accepting our award at the awards ceremony at Sky City.

Switching to
Stem is easy

Have you been thinking that your current accountant just isn’t quite cutting it and it’s time for a change?

> FIND OUT ABOUT WORKING WITH STEM