Entries by Farming Growth

Safety First – Robert Pattullo’s story

Many of you will have heard about local farmer Robert Pattullo’s altercation with a bull on his Puketitiri farm earlier this year. We met up with Robert recently and heard first hand about his harrowing experience and how he attributes his survival to the safety precautions that he had in place, in particular his bike […]

Meet the team – Josh Marr

    The Farming Growth team is expanding and we would like to introduce our newest team member, Josh Marr. Josh grew up on a cropping farm in mid Canterbury and has recently graduated from Lincoln University with an Agri Commerce degree.  Josh is passionate about all things rural and was keen to work for […]

2018 Livestock Values

In May 2018 the Inland Revenue Department released the National Average Market Values of Specified Livestock Determination (NAMV).  These NAMVs are used by livestock owners to value their livestock on hand where owners have elected to use the herd scheme to value livestock in an income year.  

Reconciliation and Aging of Livestock

One of the main areas we see where farmers can improve their accounting system is to keep a better track on livestock. Every year we come across situations of unexplained deaths & missing being much higher than anticipated. There’s a lot of money on the hoof, so it pays to manage it monthly or as […]

Your 2018 Accounting Reminders

Minimum wage increase: As you will be aware the NZ minimum wage increased to $16.50 per hour from 1 April 2018.  Farmers who have staff on salaries need to ensure that they are not in breach of this minimum hourly rate, in relation to existing staff and anyone new.  For example, a farm worker is […]

Team news – we celebrate achievements and welcome new team members

Celebrations Congratulations to Michael Jackson who is celebrating his 30 year anniversary with PKF Carr & Stanton this month.  Michael joined the business in November 1987, after completing his degree at Massey University, and went on to become a Director in 1999. Over the past 30 years, Michael has seen the economic landscape in Hawke’s […]

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Decreases to ACC levies for farming

The 2017 ACC levies for farmers have decreased, with levies down between 6-9% on the 2016 levies. These decreases have come about from the government passing on savings generated from improved ACC financial management. The average work levy paid by employers and self-employed people has reduced from 80 cents to 72 cents per $100 of […]

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MBIE prosecuting farmers over employment obligations

The Ministry of Business, Innovation and Employment (MBIE) has launched a nationwide investigation into Employment Law compliance within the dairy industry. This has come about after a recent investigation into Waikato dairy farmers which found half of the farms visited were in breach of basic employment obligations. The farmers who were in breach failed to […]

Rural Income Protection

Rural Income Protection is expensive but what if you could get ACC to pay for some of it? We all know ACC will pay up to 80% of your income for accidents. But what if your income has been reduced due to a bad year or maybe your accountant has worked some magic in your […]