Beating procrastination is a challenge for us all
- Get it done - don't wait for the perfect moment
- Focus my 'to do' list (IMPORTANT AND URGENT)
- Share the load
- Find an app that works for me
- Make habits work for me
- Get a computer to do it
I’ll be surprised how many mundane tasks can be automated. Let technology streamline dreaded jobs.
Good Record Keeping
Why?
- Helps me to better track my business performance
- Supports and validates business and taxation income and deductions
- Saves time when filing GST and Income Tax returns
- Saves me time and accountant $
Even if I have a bookkeeper or accountant, it's up to me to know what records to hold on to:
- Keep all records for at least 7 years
- These can be scanned and uploaded to online storage
- Keep a back up
- My accountant or bookkeeper will also complete and retain records
- I don’t need a tax invoice for income and expenses under $50 but I do need a reason why
- Using myIR makes this easier for keeping taxation information.
myIR Secure Online Services allows me to:
- File returns - pre-populated with all the information included. All I need to do is check that the details they have are correct, enter the information they need and send to IRD electronically
- Monitor my accounts, payments and returns that have been filed
- Maintain my business details, eg, address and phone number
- Send and receive secure mail
- Keep track of my tax accounts by viewing My transactions
- Change my business details (address and phone number)