High inflation: What does it mean for your business?
Inflation is hitting hard – what does it mean for your business? The downsides, a couple of potential positives, and how to get in touch to figure out how much you should raise your prices.
Read this before filing your EOY tax – FY2022
Ticking items off your end-of-year tax checklist this month? Make sure you don’t forget income received from COVID-19 business support. And consider whether further tax relief measures could be appropriate. Rules to keep cash flowing – If money is a bit tight as the financial year draws to a close, here are four tax measures focused …
Changes to the Small Business Cashflow Scheme
The government has made changes to the SBCS. Businesses that have used the scheme will be able to apply for an additional $10,000, with a new repayment period of five years.
Talk to us about this interest-free or low-interest loan option.
5 keys to keep new business finances in order
Do you know your P&L from your balance sheet? If not, we’ll get your startup up to speed on all the basics of company accounting.
#businessadvice #startup
Important message for businesses regarding overdue tax payments, 09 April 2020
Inland Revenue has issued an important message for businesses regarding recent legislative change on the remission of use of money interest (UOMI). The message is intended to provide clarity on the remission of UOMI and other measures available to taxpayers who are struggling to pay their tax in full and on time as a result …
Read more “Important message for businesses regarding overdue tax payments, 09 April 2020”
Annual General Adjustments to benefits
From 1 April 2014, some payment rates increase based on the updated Consumer Price Index of 1.38%. The Annual General Adjustments include: rates and thresholds for main benefits, Student Allowances, Student Loan Living Costs and the Foster Care Allowance rates and thresholds for some supplementary assistance thresholds for the Community Services Card New Zealand Superannuation …
ACC Changes in 2014
‘The only way to make sense out of change is to plunge into it, move with it, and join the dance.’ Alan Watts ACC Workers and employers will pay $387 million less in ACC levies in 2014/15. This affects the Earners Account (paid by workers) and the Work Account (paid by employers). The ACC …
Don’t forget the tax man this Christmas
Christmas is a time for celebration but when considering that festive spending don’t forget the potential tax costs – entertainment tax or FBT provisions may apply. We have highlighted the tax treatment of some typical forms of Christmas entertainment. Entertainment Tax or FBT? There are numerous exemptions from the entertainment tax rules but these are unlikely to apply …
