What is ACC CoverPlus Extra?

What is ACC CoverPlus Extra?

If you are self-employed or a contractor you have two options for your Accident Compensation Cover - Standard CoverPlus (CP) CoverPlus Extra (CPX) You’ll automatically be placed on CoverPlus (CP) and Inland Revenue provides ACC with a summary of your earnings from your income tax return (IR3). This information, combined...

30/01/2024
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Setting goals for you and your business in 2024

Setting goals for you and your business in 2024

The new year is a new beginning. If you are a business owner, this is often the time of year when you reflect on where you are at and think about your business goals for the year ahead. Setting goals is an essential part of personal and professional growth. These...

08/01/2024
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The Government’s Mini-Budget announced

The Government’s Mini-Budget announced

The new Finance Minister, Nicola Willis announced savings via redirected funds and exiting projects in the government’s mini-budget.   The new Finance Minister, Nicola Willis has revealed the government’s mini-budget, alongside Treasury’s half-year economic and fiscal update in Wellington. In its executive summary, Treasury that concluded that ‘although economic growth...

21/12/2023
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What is Profit and Loss?

What is Profit and Loss?

[et_pb_section admin_label="section"] [et_pb_row admin_label="row"] [et_pb_column type="4_4"][et_pb_text admin_label="Text"]When you’re in control of your profit and loss (P&L), you have a tighter hold on the reins of your profitability.   What is Profit and Loss? Your Profit and Loss statement is commonly called your ‘P&L’. It’s also sometimes referred to as your...

17/11/2023
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Business Acquisition Expenses – Deductions Allowed

Business Acquisition Expenses – Deductions Allowed

Businesses often incur expenses when acquiring business assets, even if the acquisition is abandoned and does not proceed. A recent review has occurred on the deductibility of these costs. In the past, an expense relating to the purchase of an asset that wasn’t successful could not be claimed as an...

04/08/2021
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Self-Employed? Get the Full KiwiSaver Contribution

Self-Employed? Get the Full KiwiSaver Contribution

If you’re self-employed, you’re in charge of your KiwiSaver contributions. KiwiSaver is not automatically deducted from your earnings if you are self-employed. You will need to decide how much you want to commit to your retirement fund, if anything, and make these contributions manually each year. The contribution payments can...

09/06/2021
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