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Are you ready for the change,........
On 01 October 2010 the GST rate in New Zealand will rise from 12.5% to 15%.
Since 1989 however there have been significant changes in the way businesses calculate and provide for GST – most businesses now employ some form of accounting system which collates the day to day business transactions for the purposes of GST accounting.
With that in mind it is therefore inevitable that there will be some significant and unavoidable system and accounting issues for every NZ business.
So what about Pastel Partner,……….
There are a number of changes that need to be considered within the setup of your system to ensure readiness. But as mentioned it’s not just about the system changes but also ensuring your processes accommodate the transition. For more please click here to read our recent newsletter.....