Resurgence Support Payment proposed

resurgence support payment Dec2020

Are you worried about our Alert Levels changing? If there is a resurgence of Covid-19, the Government is ready to back NZ businesses. The Government has announced a package to support businesses and individuals in the event of a change in COVID-19 alert levels. The package contains a proposal for a […]

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Updates to the Small Business Cashflow (Loan) Scheme – November 2020

Update to Small business cashflow scheme

The Government launched the Small Business Cashflow Loan Scheme (SBCS) in May to assist eligible small-to-medium businesses adversely affected by COVID-19. They subsequently extended the application period to help businesses and in November announced further changes, expected to take effect by 31 December 2020. Businesses employing up to 50 full-time staff […]

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The 12 Days of (Business) Christmas

12 days of business Christmas engine room

As we come into December, we would like to take this opportunity to remind you of a few things we like to call the 12 Days of (Business) Christmas. We hope to ease the stress Christmas can cause for some with a few careful preparation tips. As a business owner/operator, managing […]

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Privacy Act Update

Privacy Act Update 2020

What you need to know for your business An update to the Privacy Act 2019 comes into effect on the 1st December 2020. The Privacy Commissioner, John Edwards is encouraging organisations to prepare for tighter rules asap. The most significant change to organisations will be the mandatory data breach disclosure: any […]

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What does an Accountant do?

How can we help you

More importantly, what can we do for you? At Engine Room, we pride ourselves on being Business Specialists. Although Accounting is a large part of our job function, there is much more we provide than financial accounts. Our approach is to offer more than your average accountant – more than just […]

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Selling a Business

Selling a business

What you should consider when you want to exit If you are looking to exit your business or have a future intention to do so, you need a plan to get the business ready for sale. When you sell, you want your business to have as much inherent value as possible […]

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Buying a Business

Buying a business planning

Key points to consider when buying a business Buying an existing business can be a great way to get started as a business owner, or to expand operations if you are already running a business successfully. We have recently seen a lot of activity with people buying a business even in […]

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An overview of the new Trusts Act 2019

Trusts Act update 2019

An overview of the new Trusts Act 2019 For those of you with trusts, you may recall we’ve talked about the new Trust Act which will come into effect on 30 January 2021.  As Accountants, we have now received further guidance and application of the new Act so we can have […]

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