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Chartered Accountants

Trusted advisers of all tax compliance and annual accounting issues facing both individuals and small businesses.

…..and diversify, diversify, diversify

Source:DFA Australia Ltd

Here’s how a map of the world would look if you sized each country, not by land mass, but according to the relative weighting of its share market in a global context. The idea here is that in deciding where to invest around the world it is easy to be swayed by each country’s economic output, the size of its population or some other statistical measure or how much column space they get in the media. But the dimensions of the individual economies are often unrelated to the pool of investment opportunities in each country. That’s because capital tends to flow to the areas offering the greatest expected returns, after adjusting for risk.
The message from this slide is the need to maintain a disciplined, strategic approach to how you allocate your international assets and to base your decisions on the investment opportunity, not the size or importance of the economy. Of course, the investment world is in motion, and these proportions will change over time as capital flows to markets offering the most attractive returns.

We have been with BDS Hughes Accountants nearly 5 years. Without their knowledge and forthright suggestions we would not been able to experience our high level of success. We are comfortable with the working relationship and ease with which they are able to communicate with us. As we as the normal accountancy service, Garry advised us on Xero accounting and taught us to uses the program in plain simple English. We can say only that we have had nothing but exceptional service and the advise we have received has been correct and perfect for our business, which is why i would not hesitate to recommend their services.
Wendy EvansDirectorThe Roof & Brick Shoppe

Latest news

Changes to provisional tax

Posted on April 16, 2018 by BDS Hughes

Small businesses, sole traders and contractors can choose a new pay-as-you-earn option rather than paying provisional tax instalments several times a year as changes to pay-as-you-earn tax have come into place this April. The changes were made to help small businesses pay provisional tax based on their cash flow rather than the previous year’s earnings or estimated earnings for the current year. Paying provisional tax as you earn profit provides more certainty about cash flow. This new method is known as the Accounting Income Method (AIM). It is optional and only available for businesses with an annual turnover of less […]

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E: GARRY@BDSHUGHES.CO.NZ