In this month’s news, we celebrate Louise as Business Advisor of the Year, becoming a Canterbury Trusted member, IRD updates and how they might affect you, changes to Family Boost and Labour’s proposed capital gains plan. We hope you enjoy reading about what we’ve been up to!
Key Takeaways
- Celebrating excellence: Our own Louise Neville has been named 2025 Advisor of the Year at the GAP Reunion – recognition of her leadership, integrity, and our shared commitment to empowering clients on their financial journey.
- Locally trusted business: Accounting Solutions is now a certified Canterbury Trusted member, recognised by Business Canterbury for quality, reliability, and responsible business practices.
- IRD stepping up enforcement: Inland Revenue has launched a Community Compliance Campaign focusing on recent GST and PAYE debt, including direct contact, unannounced visits, and possible bank deductions if issues are not resolved – we’re here to help if you’re concerned.
- More support for families: Changes to FamilyBoost from July–September 2025 mean more households qualify and can now claim 40% of licensed ECE costs (up to $1,560 per quarter), with a higher income threshold and updated abatement rate.
- Capital Gains Tax on the agenda: Labour has announced it will campaign on a Capital Gains Tax proposal at the next election; Accounting Solutions will proactively review the implications and work to protect your investments and long-term wealth.
Table of Contents
- Advisor of the Year Winners
- Accounting Solutions are proudly Canterbury Trusted members
- IRD Community Compliance Campaign
- Good news for busy parents – More help with FamilyBoost
- Labour’s capital gains tax proposal
Advisor of the year winners
We are honoured to be celebrating Louise Neville being named 2025 Advisor of the Year at the annual GAP Reunion.
This award reflects Louise’s unwavering commitment to excellence, integrity, and leadership within our industry. However as Louise would be the first to say, success is never about one person alone. It’s the result of teamwork, support, and most importantly, the trust our clients place in us.
Our shared vision of living into our purpose has guided us here: empowering and educating people on their financial journey, creating freedom, and building a life of fulfilment.
This award is a reminder of what’s possible when we stay true to that purpose. Here’s to continuing our mission, making a meaningful difference, and enjoying the journey along the way.
Accounting Solutions are proudly Canterbury Trusted Members
Staying true to our values, we are proud to be certified as a member of Canterbury Trusted.
Awarded by Business Canterbury, this certification recognises businesses that meet high standards for quality, reliability and responsible behaviour.
IRD Community Compliance Campaign
Inland Revenue have launched a campaign aimed at collecting overdue debt and returns. They are particularly focused on GST and employer (PAYE / EMP) debt that is less than 12 months old.
Key points to note are:
- The introduction of a Community Compliance Team that will enable them to be more visible in the Community.
- They will make 3 attempts to contact customers directly.
- If the contact attempts don’t lead to a resolution or go unanswered, their next steps may include unannounced visits by the Compliance Team or a bank deduction to recover debt.
If you are concerned about how this may affect you, if you have outstanding debt or returns, please get in touch with us on 03 374 9393., we can assist with filing overdue returns, setting up instalment plans, penalties, and communicating with Inland Revenue on your behalf.
Good news for busy parents – More help with FamilyBoost
Great news for whānau – The FamilyBoost changes announced by the Government in July have now come into effect. In summary FamilyBoost is expanding so more households qualify and a bigger slice of your licensed ECE costs is covered. The main changes to note are:
- The maximum threshold for household income is now $57,286 each quarter.
- The amount that an eligible family can claim has increased to 40% of early childhood education costs, or a maximum of $1,560 each quarter.
- The abatement rate is now 7% for household income over $35,000 each quarter.
- These changes apply from the July–September 2025 quarter. Families can claim from 1 October.
Labour’s Capital Gains Tax Proposal
You may have heard recently in the news Labour will be campaigning in the next election on its Capital Gains Tax Proposal. If you’re wondering how this proposed plan may affect your investments, rest assured Accounting Solutions will be taking a proactive approach to ensure your wealth is protected as much as possible.