You may be eligible for the Cost of Living payment – even if it hasn’t arrived in your account. If you earned less than $70,000 between 1 April 2021 and 31 March 2022, you are eligible for the one-off $350 payment, paid over three months. It’s individual income, not household income The Cost of Living payment is […]
Should you have received the Cost of Living payment? Read More »
The Xero App Launcher lets you launch an app you’ve connected to your Xero organisation without interrupting your workflow. You don’t need to remember URLs or rely on your browser bookmarks. For some apps, you’ll skip the login screen too. You can find, launch and switch between your favourite apps within Xero, and you can
The Xero App Launcher Read More »
Plus be in the draw to win a trip to the Boost Mobile Gold Coast 500 in October! Whether you are a Pukekohe local or not, you may have heard that it is the last V8 racing weekend 9-11 September at the Pukekohe track. Pukekohe is making a party of it and hosting a street
The final V8 rumble in Pukekohe Read More »
As an employer, if you provide fringe benefits to employees, or others associated with your business, you must generally pay fringe benefit tax (FBT) on the value of these benefits. So, when are you liable for FBT? Any time you provide non-cash benefits to your staff. The list is potentially endless but in practice, most
Keeping up with Fringe Benefit Tax Read More »
Do you already track your gross and net profit but are at a bit of a standstill on how to increase profitability? Think about the relationship between business profit and productivity. You can increase profitability if you produce more and pay less for what you need to produce and sell your goods or services. It’s
Profit improvement and productivity Read More »
Are you considering investing in a new way to make your business more productive or streamlined? With a tight labour market, everyone’s time is at a premium – so finding ways to maximise productivity has never been more important. But it can take considerable funds to pay for a new website, ecommerce platform, software system
Weighing up a big investment in your business Read More »
Watch out for new trust rules that have the potential to put your assets at risk. There have been a lot of rule changes for trusts over the past few years – and now Inland Revenue has introduced another tweak, one you need to know about if you use trusts to protect your assets. Who’s
When you’re in business you tend to know the main forces that either compete with you or work with you. For example, your main competitors, your suppliers, your buyers. There are so many factors that can impact profitability of a business. According to the Porter’s Five Forces framework, there are 5 forces that can help
What are the forces driving your industry? Read More »
Do you know what’s happening with cash flow for your business right now? How about six months from now? Cash flow monitoring and forecasting are essential to keep your business heading in the right direction. There are so many priorities in the working day, it can be hard to stay focused on what’s happening with
Managing your business cashflow Read More »
Like any relationship, timely communication between creditors and debtors goes a long way to avoiding trouble. If you operate on credit terms and are upfront with customers about what payment is expected and when, it’s much easier to follow up with them on an overdue account. Business owners who keep track of when invoices are
Communication important in managing debtors Read More »
