Knowing what and how much to claim in expenses on your Income Tax Return or financial records is probably more important than you imagine. Read on to find out more. Legitimate expenses lower your taxable income If you own a [read more...]
When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do, ie, your chargeout rate. Charge too much and you could scare away potential [read more...]
As a business owner there maybe several times when you need to access financing. It may be in the early stages of your business, when start-up costs for offices, equipment and employees must be covered. Or it may be later [read more...]
The end of year parties have started and the Christmas tree is up. 2020 is, finally, nearly over. However, before you open the champagne, have you made your staffing plans for the holiday season? Many of you will have your [read more...]
With broadening discussions around climate change, we’re seeing more and more businesses dedicating time and energy into the environmental impact of their operations. In the NZ ‘Better Futures’ report, a resounding 90% agreed ‘if I heard about a company being [read more...]
As a lawyer, doctor, surveyor, IT specialist or other professional business owner, the task of accounting for your specific industry can take you out of your comfort zone. Not only do you require basic accounting services, but you need expertise [read more...]
All businesses need accounting services, however an astonishing number of business owners are attempting to manage accounting on their own. Now the good old ‘Kiwi DIY’ attitude has its place, but with all due respect, professional accounting practices are not [read more...]
Many of our clients view document storage as a low priority job and rely on their email file or pieces of paper to store invoices associated with expenses that they are claiming. Although it’s tempting to work this way its [read more...]
There’s no two ways about it; if you run a business, then you might as well embrace your relationship with Inland Revenue as it’s not going anywhere! Whether you’re in the retail sector, or professional services, what will help this [read more...]
Managing cash flow is a vital part of running a successful business especially in the current economic climate. Some business owners think managing cash flow simply means keeping track of how much money enters and leaves their business, but there’s [read more...]
