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Farm worker accommodation & PAYE

Where farm employees occupy a farm house rent free, the market value of the deemed rental is part of the employee’s remuneration and subject to PAYE.  This creates a residential rental situation, with deductibility of the running costs (insurance,…
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A little planning makes a difference

The forestry sector has been identified as a high-risk industry due to the number of work related accidents and highly publicised fatalities. In fact, during the recent changes in legislation relating to Health and Safety in the Workplace, commentators…
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Using bank feeds in Cashmanager RURAL online

Bank feeds are a secure connection to your bank that automatically import transactions into your Cashmanager RURAL online program which can save you hours of tedious data entry. This feature is currently available through ANZ, ASB, Westpac…
Dairy farm accounting packages
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9 key steps to knowing your numbers

Over the past few months I have been talking with a number of different rural business owners and it’s interesting to see the vastly different mindsets they each have even when they are in the same industry faced with the same challenges.…
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Summer is a great time to start managing our waterways

  Following the recent water quality woes in Havelock North, there has been a wider interest across communities around the way that we manage our waterways and it has been no surprise that we have seen the finger pointed at farmers for…

Land Sales and The Bright-line Test

The Bright-line Test for land sales applies from 1 October 2015 and requires taxpayers to pay income tax on gains derived from the sale of residential land that has been owned for less than two years. Exemptions exist for the gains made on the…
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Would you like more control and a better understanding of your business?

Budgeting is a word that gets a mixed response from rural business owners. A common response I hear is "Why budget when my business is largely dependent on the weather? You never know what it’s going to throw at you and the budget can go out…
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Autocodes - How Cashmanager RURAL can save you time

Autocodes is a process where you can automatically code imported transactions either from your bank or trader. You can assign an Autocode a search text, category, extended code, enterprise (optional) and notes. An Autocode must have a search…
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Looking after the farm, but forgetting about yourself?

Farmstrong aims to build farmers’ awareness of ways they can maintain and improve their health and wellbeing. It links them to tools, resources and information to help them take care of themselves.
Rural new zealand farming accounting packages
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Identify the ‘Leakage’, reduce your spending and increase your profit

Looking at overall farm management rather than focusing on production only, can help farmers to identify areas of unnecessary spending, and improve net profit.