Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Reckon approved to store NZ data in Australia

17 March 2014

Reckon approved to store NZ data in Australia

Accounting software provider Reckon has received approval from the Inland Revenue Department (IRD) New Zealand to store taxpayers’ business records offshore.

The permission, granted under section 22 (8)(b) of the Tax Administration Act (1994), allows Reckon to store records offshore for clients as a third party supplier.

As with all Reckon online accounting software products, this data will be stored in secure data centres in Australia. This means that users of Reckon’s online accounting products in New Zealand can be confident their data is stored in Australia with the approval of the IRD and that it will be stored in accordance with Australian privacy laws.

“We’ve been working closely with the IRD for some time to make it possible for Reckon to store data offshore on behalf of our customers and clients. We’ll now be communicating this change with our partners and customers so that they understand what their record keeping obligations are,” said Catie Cotcher, GM of Reckon New Zealand.

Editor’s note: Reckon’s approval to store data offshore and further conditions are listed on the IRD website.

About Reckon
Reckon is well-known as a leading provider of software solutions for accounting, bookkeeping and legal professionals, as well as small to medium sized businesses in Australia and New Zealand. Reckon’s extensive product range is designed to make accounting faster, easier and simply more productive. Find out more at www.reckon.co.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fisheries: Report On Underrsize Snapper Catch

The report found that commercial fishers caught 144 tonnes of undersized snapper in the Snapper 1 area – about 3% of the total commercial catch – in the year ending February 2015. The area stretches from the top of the North Island to the Bay of Plenty and is one of New Zealand’s most important fisheries. More>>

ALSO:

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news