Our Guide to your Financial Reports - Part 4 (Balance Sheet) will help you understand you Balance Sheet, or Statement of Financial Position, measures the net worth of your business at a point in time and shows if your business is solvent (if assets are...
Difficult to get right, expensive to get wrong. The cause of many head aches for New Zealand Business Owners. Yes, we are talking about provisional tax. If you are new to business or are about to pay provisional tax for the first time, the whole process can...
Is email still the number one tool to communicate in business? If you run a business there is no way around not having an email address. Email is still the most used way to communicate in business and that is not expected to change anytime soon....
Are you earning enough? As a business owner you should be earning more than an employee, or what you could earn as an employee of someone else’s business. This premium compensates you for the extra risk and demanding work that as a business owner you...
If you have not read our 6 Ways to End the year right article. Do this now. Once you have reviewed your past performance and got your records ready for your end of year accounting it is time to look to your future. If your business is...
For those with a 31st March Balance Date, the new tax year starts on the 1st of April. This is an ideal time to look at what is working, and fix what is not. A great time to plan for your business and financial success. ...
If you have a 31st March balance date, end of financial year is just around the corner for you. Preparing for end of financial year can really take the hassle out of your end of year accounting and tax returns, but even more important can...
If you have a vehicle that is only used for business purposes, you can claim the full running costs as a business expense. Maximising your motor vehicle expense claim can save you a lot of money. There are stringent IRD conditions that must be met...
In case you have been hiding under a rock for the past few months, there has been significant amount of talk and change as the Government attempts to cool the overheating residential properties market. As far as the tax world goes, this has all happened...
Guide to Your Financial Reports - Part 2 (Trading Account) is the follow up to our first part of this series: Guide to Your Financial Reports - Part 1 (Into) Hold on to your hats, we are diving right in! Your key financial reports The rest of this...