REMOVAL OF GIFT DUTY & TRUST UPDATE (6 - 7th September)

Following a review by Inland Revenue, the Minister of Revenue, Peter Dunne has announced that gift duty will be repealed with effect from 1 October 2011.

While gift duty itself collected very little tax and most people have probably never paid gift duty, it has influenced behaviour for many years. Many business people will be owed money from family members or family trusts and will have provided for the forgiveness of these amounts in their wills.

The repeal of gift duty on 1 October (assuming it proceeds) provides an opportunity for people to deal with these debts in their lifetime and possibly bring forward some of their overall goals.

ACCOUNTING FOR NON-ACCOUNTANTS (27th September 2011)

This short course if for business people and administrators who are keen to understand what their financial statements can tell them about key drivers in the profitability of their business.

This seminar is suitable for people with limited or no accounting knowledge who have a desire to understand the make up and meaning of their figures in order to use accounting information for improved decision making in their business.

What you will learn:

• Your Financial Statements
  • What goes where, and what does that tell you?
  • How accountants deal with assets and liabilities, revenue and expenses.
• Recording Transactions and Making Adjustments
  • The "ins and outs" of debits and credits, and how appropriate adjustments can make the financial statements more meaningful.
• Analysis and Interpretation
• How to use the financial statements to assess the performance of your business.
• How you can determine trends and identify areas of interest or concerns.