Category: News
The Value of Cashflow Forecasting During a Crisis
During the ongoing coronavirus crisis, many sectors will see their income drop to frightening levels or completely disappear. To be able to navigate the future path of your cashflow, we can assist you with forecasting. We can map out your financial position over the coming months, so that you can...
Government COVID-19 Wage & Leave Subsidies
We understand that there is a lot of ambiguity when it comes to the Government providing significant COVID-19 wage and leave subsidies to employers and self-employed persons. Many of you will have questions about how we treat these for Income Tax, GST, and Payroll purposes. Below is a brief...
2020 Bloodstock Yearling Sales
Ellerslie Races The Auckland Racing Club (ARC) meeting on Saturday 25 January 2020 at Ellerslie Racecourse signals the start of a busy week for the Thoroughbred Racing Industry in New Zealand. This is then followed by the week long Karaka Yearling sales. The ARC hosts a 6 race meeting, headlined...
Want to Spend More Time Doing What You Love?
A fundamental perk of owning your own business is choosing your working hours. That was probably the motive when you started out. Chances are, you planned to spend less time in your business and more time with your friends and family. Then reality struck and you found yourself coming in...
Entertainment Expenses – What You Need to Know
With the “silly season” just around the corner it is an ideal time to remind you of the deductibility of Entertainment Expenses. There are specific rules around Entertainment Expenses, some are fully deductible, while others are only 50% deductible. Did you know that you can claim the cost of entertainment...
Why All Businesses Need to Plan for Succession
Hypothetically speaking, if you were hit by a bus tomorrow, how seamless and pain free would the transition be - both for your business and those who rely on it? Succession Planning isn’t just about retirement. In an unforeseen event would the operation, management and value of your business be...
Finding the Balance
Looking for a little more work-life balance? Sometimes it seems impossible when you are in the thick of it. The following ideas might help provide some light at the end of the tunnel. Prioritise - Work often dictates to us, rather than the other way around. Create a list of all...
Changes happening to ACC levies
In September 2019, ACC released some changes to: 1. The ACC work levy for self-employed; and 2. The Experience Rating adjustment Here's what you need to know about ACC : Coverplus Levy for Self-Employed: This levy was previously levied during the year based on your previous years earnings....