Tuesday, August 10, 2004

accounting work sux

I've just spent the last two days getting up to date with my business accounts. I use Mind Your Own Business accounting software which makes it all pretty simple, but the trouble is I've been so busy that I haven't been entering in any transactions for months and was really behind on my GST (Goods and Services Tax, for those outside this country) - a ridiculous system that taxes almost everything you buy and causes most people in business to have to spend vast amount of time tallying up everything coming in and out of your business. The only advantage that I can see, from my point of view, is that it makes me keep up with all my accounting which is very handy for when it comes to sort out income tax (which is next on my list and is waaaay overdue). The New Zealand Inland Revenue department is a little more understanding these days about late payments and penalties since they copped a great deal of flack over a spate of suicides after business people were charged so many penalties that they just plain couldn't cope any longer. IRD have a lot to answer for. Hearing about some cases at the time was heart-breaking. Bureacracy gone mad. So, it's all done for now and I can go to bed with a clear conscience (and a couple of red wines under my belt).

Oh! Just remembered - I had my very first swim today. The waters's still only 20 degrees celcius - not all that warm - but once I was in for a while it was fine. It's about up to my neck which is a nice depth - the same depth for the whole length. Fun, fun, fun! I'm planning on a daily swim. Good exercise for someone who spends almost their entire day on an office chair. My morning dog walks down to the beach have come to a quick standstill.

8 comments:

Aleksu said...

Is mind boggling that a Tax agency goes so hard on tax payers that it actually pushes people to commit suicide, I am glad to hear that they came to their senses.

My dad is a retired accountant, for me it is amazing how numbers come so easily to him, I don't think there is a situation that involves numbers that he would be unable to resolve, maybe he should move to New Zealand and help people out with their taxes.

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