Phone: 021 053 4921
I've had a few questions regarding the Cost of Living Payment, with the first instalment (of three) released this week. If you haven't received the first payment, and think you are entitled, see the below for some of the common reasons I have come across so far: 1) Check you...
Read more
Financial year end is fast approaching for those of us with a 31 March balance date. Here are 10 quick tips to help you get ready for financial year end: 1) Start collecting key account statements for the period 1 April 2021 to 31 March 2022. For example, bank statements, lo...
Read more
Online share investment platforms such as Sharesies, Stake and Hatch have made it easy to buy shares (or parts of them) for a no minimum starting amount. I've seen an increase in new share investors, thanks to the platforms, so thought it would be a timely reminder that shar...
Read more

eInvoicing is here!

November 30, 2021
eInvoicing is a government initiative introduced to help speed up the processing and payment of invoices.  The function allows you to directly exchange invoice data between two accounting software systems.  For example, Xero (accounting software) users can create a...
Read more
With so many software systems available to help run your small business it can be challenging choosing the right ones for you.   Here are my top 5! 1) Xero - it's no surprise that I LOVE Xero! The online accounting software system makes invoicing, bank reconciliati...
Read more

Wage Subsidy and another Resurgence Support Payment

COVID Business Support Announcements: Wage Subsidy Available to apply for from Thursday 4 March 1pm. AND ANOTHER Resurgence Support Payment for businesses affected by the change in COVID alert levels available to apply for from 8 March. Wage Subsidy Eligibility from the MS...
Read more

Keep on Top of Tax!

December 12, 2020

5 Quick Tips for Small Businesses to Keep on Top of Income Tax

1) Run regular year-to-date profit and loss reports from your accounting system (eg Xero; MYOB) to help calculate your income tax. If you are not currently using an accounting system, consider getting one. 2) Use the IRD's Income Tax calculator to help estimate your income t...
Read more
The Government recently announced some changes to the Small Business Cashflow (Loan) Scheme. Key changes: - The interest free period has increased from 1 year to 2 years.However, it is key to note the interest free period is only applicable if the loan is repaid within the 2...
Read more
With the silly season just around the corner, it's a good time to refresh on what entertainment costs are deductible for your business.  If an entertainment cost is completely related to your business it can be 100% deductible.  However, being "completely related" ...
Read more
Xero (small business accounting software), is constantly upgrading (for the better) and it can be hard to keep up with all the new changes.  If you have been using Xero for a while, it can also be easy to stick to what you know, and you may be missing out on key efficie...
Read more
Load more
Loading...
Load more
Loading...