Accounting

Modern business demands up-to-date, accurate financial information. We can relieve you and your staff of the enormous burden of all your accounting and bookkeeping requirements, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal, planning purposes, and more.

We will discuss your requirements with you and provide information relevant to your particular situation, as well as constructive advice, on a regular basis.

Budgeting

A good budget is a necessity for a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business.

In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require forecasts as a prerequisite for funding approval.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.

Let us show you how a budget can provide feedback that helps you prepare for the future of your business!

Business Start-Up

If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects, we can help you:

• Decide on the most suitable structure for your business - Sole trader, partnership, or limited company
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Complete any registration procedures with Companies and Inland Revenue
• Deal with company secretarial issues
• Set up an accounting system for your internal use and for complying with statutory requirements

Let us help you turn your business idea into a reality!

Cashflow Forecasting

Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all expenses every month? Surviving in today's business climate requires you to spend more time working on your business than in it.

We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:

• Realise and understand when cash is available
• Plan and prepare for expansion, stock control, and taxes
• Analyse and anticipate key expenses

Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.

Management Consulting

We aim to ensure your business achieves the potential it is capable of. We have the know-how and experience to offer advice that helps you run your business more effectively.

We are practiced in acting as a sounding board for management, bringing years of experience in business growth to the relationship. Our professional consultants identify the key performance indicators in your business and help you bring about the required changes.

We check your business is as competitive, focused, and profitable as it can be, then offer flexible strategies designed to address the issues affecting your business.

Let us give your business a health check! Take the practical advice we can provide and ensure the ongoing success of your venture.

Payroll Services

Administering your payroll can be time-consuming and divert you from your core business activities. Added to this, payroll and employment legislation are growing increasingly complex.

We can relieve you of this burden by providing a comprehensive, confidential payroll service that includes:

• Customised payslips
• Administration of PAYE, statutory sick pay, and annual leave
• IR-filing to the IRD
• Summaries and analyses of staff costs
• Administration of incentive schemes, bonuses, and termination payments

Even if you only have a few employees, you will save by engaging us to administer your payroll.

Software Solutions

We use and recommend Xero as an excellent accounting package for most small and medium businesses. 

Here at Davis & Co we invest considerable resources into ongoing staff training to ensure we can advise you on the best Xero solution for you as well as assisting you to find any add-on apps that may improve the efficiency of your business.

We are Xero Gold Champion Partners and Certified Xero Advisors.

Income Tax

At Davis & Co we offer a full range of taxation services. Using our proven knowledge and experience, we work proactively with our clients to resolve a wide range of matters to achieve a good outcome for out clients while keeping the IRD happy.



Taxation can be a major cost to your business. We will work with you to minimise your tax and help you achieve your key objectives. We provide a complete service of assistance and advice in each of these areas:

• Preparing personal and company tax returns
• Advice on tax payments
• GST/FBT/ACC obligations
• Advice on, and implementation of, tax effective trust structures for asset protection and tax minimisation
• Managing any IRD audits or disputes
  

Tax Pooling

In Partnership with Tax Traders we offer great Tax Pooling solutions. 

Using tax pooling we can eliminate late payment penalties charged by the IRD and minimise the interest cost if you want to keep cash in your business or have forgotten to make an income tax payment in the past.

Talk to us about how Tax Pooling can help you.

FBT Management

The rules for FBT payments change on a regular basis. At Davis & Co we keep up to date with the latest tax trends, enabling us to provide accurate advice on preparing FBT returns. We can also advise on the FBT consequences of proposals you intend to make, ensuring you make informed decisions.

Rather than paying excessive amounts of FBT, let the experts answer your tax queries. We can help you develop and complete the administration for a cost-effective employee benefit plan.

GST Management

GST legislation is an area we know like the back of our hand. We can offer accurate, timely assistance in several areas, including:

• Registration queries
• Preparing GST returns
• Filing and adjusting GST returns
• IRD audit assistance
• Specialist events involving GST, for example, sale or purchase of property

PAYE etc

Employment related taxes are complicated. We help clients by either running their payroll for them or assisting them with Payroll software selection and support.

To avoid the risk of not meeting your payroll tax obligations give us a call.