Contractor Compliance for Tax Made Easy

PRESS RELEASE – immediate release

BW Chartered Accountants Ltd

30 April 2013

Contractor Compliance for Tax Made Easy

BW Chartered Accountants in Wellington have today launched a package tool to help keep contractors out of hot water with the Inland Revenue Department!

Their new accounting service package, aptly named Contractor Cohort, uses cloud accounting software Xero, to manage their obligations with GST and annual returns but also reviews the books and sends a regular email with an intelligent figure estimate of how much should be transferred to a tax savings account, so as not to overspend and run out of money when the tax man calls!

While it can seem fabulous to be independent, in charge of your own professional destiny, it also adds layers of responsibility. The compliance that needs to be taken care of can be daunting; mistakes can lead you to serious financial bother!

BW Chartered Accountants loves business and loves contractors! That’s why they have developed a cost-effective package to help free contractors of income tax woes!

Contractor Cohort is priced at $149 +GST per month and includes

•           Xero subscription

•          Monthly Xero accounts review

•           Tax estimate advice (a regular email telling you how much you need to put away for your annual tax bill)

•           GST return completed and filed every two months

•           Annual income statement and return filed

What this means for contractors, is an easy way to manage their tax obligations, the benefit of annual return filing extensions and best of all – no nasty tax bill surprises at the end of the year!

ENDS

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