where thinking
powers business
where thinking
powers business
CHARTERED ACCOUNTANTS + BUSINESS ADVISORS
Engine Room Chartered Accountants provide strategic accountancy + business advisory services to excel business growth and performance.
Our latest insights
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The 39% tax rate for trusts
What does it mean for you? From 1 April 2024, the tax rate for trusts will increase from 33% to 39%. Draft legislation has been released and is expected to be law by end of March 2024. The change aims to make the tax system fairer – since the top personal tax rate increased to…
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Should Deposit Invoices or Progress Payments Be an Essential Part of your Business?
If you’re a project-based business you are mostly likely familiar with deposit invoices and progress payments, but you could be offering a product or service and still benefit from creating deposit invoices. Here are 6 advantages of having deposit invoices or progress payments as part of your business process: The overarching theme here is that…
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How are you keeping up with technology this year?
The rapid technological advancements we’re seeing are a double-edged sword for many business owners, presenting both great opportunities and potential challenges. Adopting and integrating these new technologies is essential if you want to remain competitive, but it requires careful navigation and a clear strategic plan for your tech stack. 5 key steps for transforming your…
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Business Goals for the New Financial Year
The beginning of a new financial year is an excellent time to review the year just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement. With a new financial year beginning on the 1st April for most NZ based businesses, this is a great…
FREE GUIDE
HOW TO GROW YOUR BUSINESS
Is your business feeling ‘stuck’? In this free guide, you’ll learn what key factors influence profit, understand essential business equations and take a moment to work on your business and its roadmap to success. Includes bonus worksheets.