Succession Planning a Key Part of Business Planning

Farmers are renowned for spending a lot of time thinking about and working on their business, but one area that often ends up in the "too hard basket" is the thought of succession planning. Over the past decade, land values have increased substantially, the cost of establishing, in particular dairy farming activities, has increased substantially as has, it turns out, the average age of not only dairy farmers, but farmers in general.

For

WHK has continued its tradition of making a substantial donation to the Christmas Food Bank rather than print festive cards. This gesture is appreciated by the growing number of people who need extra support at this time of the year.
We are also aware that a large number of our clients are affected either directly or indirectly with the effects of cancer. As well as participating in the Cancer Society's Relay for Life event, WHK Invercargill was the main sponsor of the WHK Cancer Society Ball in

WHK is a long time sponsor of the Tour of Southland (30 October - 5 November 2011), which is New Zealand's premier road cycling tour event.

WHK is proud to be a sponsor of the Tour of Southland.

In addition, WHK will be supporting Team Calder Stewart and its fantastic line-up of riders.  Team Calder Stewart comprises of: Hayden Roulston (Tour of Southland defending champion and current National Road Cycling Champ), Marc Ryan, Sam Bewley, Jason Allen, Jason Christie and Jeremy Vennell.

WHK is

WHK are Proud to Support Blue September

Blue September is about getting the word out about prostate cancer.

This Friday 30^th September, our WHK offices are dressing up in blue, painting their faces and donning blue clothing  - and in return donating money to help our community and raise awareness.

Blue September is the Prostate Cancer Foundation's national awareness campaign.

This year, the campaign takes on even more significance with the rate of annual deaths resulting from prostate cancer

Loud Shirt Day is being held today, Friday 16th September - this is the annual appeal of The Hearing House and the Southern Cochlear Implant Paediatric Programme.
All funds raised will assist the charities dedicated to enabling deaf children with cochlear implants or hearing aids to listen and speak.
The Hearing House is based in Auckland and provides services to families in the northern region, the Southern Cochlear Implant Programme is based in Christchurch and provides services to families in

It is not often that a tax case can strike fear into the hearts of both tax advisers and business owners alike, but the Supreme Court decision regarding Penny and Hooper has been one such case.

The court case was about two orthopaedic surgeons (Messrs Penny and Hooper) who independently of each other transferred their respective businesses to companies (which in turn were owned by their family trusts).  They then set their salaries at artificially low levels, meaning that the significant

WHK supporting Multiple Sclerosis Society

Friday, 26 August 2011

Did you know Multiple Sclerosis (MS) affects women more than men?

MS is a disorder of the central nervous system (CNS) which includes the brain and spinal cord and optic nerves.  It's most commonly diagnosed between ages 20 to 40.  The cause of MS is still unknown, and researchers continue to work towards a cure.

Without public support, the valuable work by MSNZ would not be possible.  WHK is proud to support the Multiple

The highlights for Budget 2010:

• Personal tax cuts across the board from 1 October 2010 with the top rate dropping from 38% to 33%
• An Increase in GST from 12.5% to 15% from 1 October 2010
• A cut in the company tax rate from 33% to 28% from the start of the 2011/12 income year
• A suite of measures against property investment including removal of depreciation on all building and tightening of QC and LAQC rules
• Removal of all 20% depreciation loading on all new depreciable assets acquired from